results. month added Thanks, that add a points beginning me on Fourth revenue a financial and remind of consolidated XX% you Neustar, Sontiq organic increased about Chris, constant to my on the start I'll revenue and and and to Argus quarter welcome XX% and Sontiq everyone. off reported consolidated inorganic XX let with to currency both Neustar growth contributed I'll December. in our basis.
revenue Organic declined constant X%. currency
XXXX both quarter Our and XXXX. of business excluding an organic currency fourth grew X% constant basis, mortgage on from the
about on or million XX% constant For on currency about represented XX% Adjusted EBITDA of $XXX year a XXXX, our mortgage X.X% full basis. reported revenue. increased a total and
quarter. points, to margin EBITDA the down adjusted was Our XX year-ago compared XX.X%, basis
Neustar up full currency compared and the basis October the have constant Excluding would Argus about the from and November, margin quarter. points, XXX fourth year organic ago in Sontiq quarter, and to been XX.X%,
offset guide. Fourth higher-than-expected to quarter adjusted EBITDA adjusted with interest of tax full XX.X%, year by diluted adjusted a EPS higher our XX% growth expense declined compared and rate X%
adjusted to primarily the completion we higher the of anticipated, change U.S. requirement impact acquisitions year rate the a X.X the of regarding to tax and implications in expenses. point than full law tax R&D recent Our of the in amortize came of our of and due analysis certain our final determination capitalize almost tax
in full multi-year to in tax operating quarter. the future slightly was opportunities a attractive an further result efficiently. ensure rate to tax catch-up resulted structure has is rate out higher and that our year we adjusted a at with look tax recorded strategy tax continue point I'd our proactive fourth adjusted The cumulative
Now for the the was financial looking up X%, was segment excluding year to revenue at fourth but up ago declined our quarter. U.S. revenue X%, compared mortgage. Organic performance quarter, XX% markets
and U.S. XX% Adjusted on XX margin for organic an basis. organic The declined EBITDA increased points X% on an an as-reported adjusted basis. basis basis EBITDA increased on markets by
of yesterday filing. revenue vertical, XXXX that you now we X-K we into the remained a by majority the note your The emerging an to financial verticals. our within results the To reporting verticals. of please modeling, appropriate Neustar's Diving provided results with help results recast in are
that the For the basis. services. revenue, Neustar now All contributed part today is of year provide XXXX, million of will be $XXX we financial the full results recast on
X% XX% reported down Neustar grew revenue Argus as was the from excluding November. services and organically, and and October full for Financial quarter
was fourth a a X%, currency growth the growth comparing rate two quarter to XX% XXXX, mortgage, of Excluding organic year CAGR. revenue constant in implying XX% despite growth
good revenue declined individual to we against shape. as remained pullback. lending consumer originate, relatively market growth the in quarter. the Looking targeted quarter, end-markets, in year-ago modest even some at and the Lenders continue saw X% In XX%
the also increasingly continue in but this lenders an to confirm customers market, opportunity gain balance are investors that sheet with best and lower-risk lenders the We've track to as consumers on Our using seen recent focused records. share.
fintech them opportunity to we our understand position and impactful in will use solutions as this help As lenders, expanded past of already we've markets, their done strong soft set enhance decisions an make customers with through leveraging our to effective the cycle.
strong of Understanding in was current the over just to year The put million, $XXX had investors, XX% $XXX up particular that fintech interest which context. is prior let me In ever. in largest historical fintech over about XXXX. XXXX, position million total revenue been XXXX, was our of year largest revenue
volumes, years have a XX% innovation-led but growing not almost today, that just ago, than we also means growth. share just by and gains That business is three larger by driven
continue on trajectory wallet as win very acquired can long Argus. we existing believe the of of the and term, strong this innovation to our our business with and we expand capabilities new Neustar the share with and accounts over continue We strength that growth
business solid card quarter, growing the after credit growth another X% quarter. nearly Our XX% in year-ago had
opportunities a most across have seen marketing To-date, and as its positions generally limited activity position origination strong consumer customer pullback activity very in to gain a more Chris We described. observed still consistently strong top-of-wallet are find for year. lenders than we've spectrum with in healthy
vehicle inventory a stage Our sales X% auto dealer new These increase lot time year, We up industry set building new the tick expectation XXXX. for and on the car factors growth an in production XX% this the coming in down. quarter. in of business delivered saw used prices for the first days vehicle
market are We the trends early weeks in experiencing quarter. already of the solid first
Used in interest car a tend impact the sales rates have higher remained to somewhat of part market. sluggish pronounced as this more
in ongoing We prequalification market assess better Neustar wins environment, with using key the continue on underlying and lenders success Link, current with digital outperform to based solutions CreditVision to are risk customers. which our renewals the of auto from strength the
for For HELOC liquidity. realize year. more modest as this we've levels. has activity in XX% full non-existent quarter is short-term expected, as market this while mortgage, almost the the consumers activity use as has picked origination maintained point, XX% revenue At efficient was than purchase up the an down way and down refinancing And to
expect we inquiry and XXXX, mid-single-digits. be the For market down to mid-XXs our increase to revenue
very solutions We expect market the the targeted turning activity, to marketing a the increased to lenders outperform price in strength market on increases. from of demand and HELOC tight are
on Let rate the and level. for delivered growing X% repair marketing Neustar another and and me the October driven at with slowdown time quarter, November. required associated in which the effect cost carriers basis activity replacement turn now excluding despite reported Emerging Verticals, extended the increases good in to and to higher organically, XX% grew revenue state our Insurance a by
Our risk as attractive applications helped issues drive portfolio life and the of market of have macro in innovative in some offset traditional the private solutions in auto our market. well commercial as a
seen we've should activity Importantly, TransUnion. approvals stream for revenue marketing shopping, both opportunities result on rate a consumer steady basis increased of which of state-by-state lead that in and a to
in a take signs a employment hiring. approach improved screening in was and a rates. the in tenant softer This month-over-month result more move recovery rental as increases rates employment a of to with market somewhat market declines and early growth screening cautious offset Tenant by as sequentially growth of employers
accelerating existing grew market softness new vertical the by quarter again wins media of business modest years some usage with and accounts. in driven Our multiple despite levels
growth sign this expect from and integrated as offerings go-to-market and further deals new solution continue area We the to in discussed.
reported organically. basis a Sontiq, and revenue, which declined Interactive on declined X% Consumer includes XX%
the remediation work year. last our benefited from breach in business quarter we XXXX, of significant As discussed fourth
X%. organically. have X% up Adjusted one-time X% was down Excluding organic and business, that revenue EBITDA large declined would
two impacted several previous performances solutions the the moderating to to direct factors in demand direct challenging and comparisons for exceptionally multi-year to consumer paid the business. breach-related XXXX both and both one-time credit-related quarters, comparison and indirect strong Similar the revenue, XXXX in across adversely channels, channel
identity strength protection, with two-thirds acquisition Sontiq, you factors. indirect continued our Our capabilities, is split and is about update area enhances direct. the inclusion Sontiq revenue of the revenue one-third on in offsets our where direct-indirect these of partially an To
For my constant currency. comments all be will in international comparisons
for strong double total the with our six For a growing revenue growth. revenue result by markets our as EBITDA segment, of XX% of grew increased four Adjusted XX% digits. reported international
for X%. into let's UK, specifics the each region. the Now dig In revenue declined
Excluding UK contracts the We including grown the revenue January. in lenders improved quarter the but related in despite onetime experienced with to have X% and about many softness saw we government, would macro a quarter, challenging the fourth in with trends have environment.
had At in time, vertical around our the a levels we by the game same heightened Cup. activity World strong driven quarter
for insurance large has pricing unique good using credit trended Our our growth gained and because part vertical also a breach in large capabilities. more and Sontiq remediation are data to share of as and the CreditView platform consumer won customers due delivered TruVision strength, its contract business we
announced weeks Finally, innovation growth and investment market we to the in support and of leading inclusion. Bud UK financial providers Financial, one an in a in drive ago, few help the banking open the
portfolio. and business ramping up, we across fintech the Similar full new banks quarter, in entrants. Canadian indicators X% as benefits soft, to ranging late are expect reflecting won we in business new fourth from continued material last wins grew large XXXX. grow to realize to the remain financial still business macroeconomic These to quarter, our the Our yet the growth
diversity employment in strength markets, offerings. growth healthy market grew and reflecting as screening credit fraud, consumer We In remains real our meaningful commercial India. XX%, and The both a strong India, direct-to-consumer generally of in as and we well from consumers. portfolio trends saw
America, growth our our largest with quarter revenue markets of In was broad-based Latin up over across Colombia. including another growth XX% market, for XX%
and While insurance, continue financial macro particularly have business telcos. neobanks, generally conditions softened in and teams with our new government the in services, win fintechs region, to
see continue to and also CreditVision fraud We adoption solutions. strong of our
well growth continued and from the with is by the economy trajectory. in XX% fully driven Philippines, of grew pre-COVID good which and exceptional its Kong, as in ahead new players we now growth Pacific, performance levels Asia is fintech strong Hong reemerged In running now COVID from business resumed
XX% the persistent rolling strong the based challenges. broadly finally, a portfolio And despite increased across electrical environment region performance on includes other blackouts challenging Africa that and and
grow Africa, contract the meaningful on business wins South and strength business In our new of core continues renewals. to
markets, in from very gaming. like of micro verticals, and Zambia, and benefited lenders. with and fintech Outside also strong see We growth we South telco in to fast-growing continue Africa, like particularly Kenya growth
quarter receipt of the fourth in debt $XXX the asset billion ended another noncore covered. prepaying of with million the the that balance cash Chris $XXX quarter already earlier proceeds from We approximately million in with and XXXX including $XXX million after roughly left on sheet, the us divestiture of that $XXX $X.X million the of
We we finished Since ratio leverage X.Xx. than a IPO the the in with a of targeted have X.Xx. XXXX, leverage summer year less our of of ratio
leverage Going to leverage Xx our higher ratio to less ratio of than from a be in work forward, the target. time past, we may though than our intend as time toward
said, you EBITDA prepay rapidly a With What's pursue that see bolt-on excess we in any we to more, our large-scale at even smaller to in with of we plans. And growth. adjusted acquisitions can that to leverage have intend our further have strong this our reduce chart, XXXX result no acquisitions as intention this debt not time, currently and flow. cash from are
on and integrating the We growth maximizing Neustar, are Argus. absorbing, Sontiq and focused of potential
debt these impact spend XXXX our enter a interest have items. want we as to to multiple pieces net expense. We related on our I that minute
debt is out to with this XXXX, stack their wanted but on lay tranches three our the unchanged slide. First, associated rates I entering
our debt, of meaning the allows of to we about to Second, which a prepayments. use flexibility instruments hedge layering execute, swap us XX%
higher we with of that bought a billion value swap X.X% a $X.X another replaced end with notional and expired, with billion of rate the notional $X.X at XXXX, At a of rate value X.X%.
environment. interest duration, short contemplate when You'll expiring a swap just note lower optimistically is rate years in a we relatively can this two
on higher see increase swap unhedged rate slide. can Net expected side LIBOR expense is of debt the interest curve. uses you million. the The and impact right-hand on new $XX the the current higher by forecast the Third, forward our of to
However, and not of capital or critical activity. a other this is This our prepayment. in acquisitions, is does providing this include prepayments guidance whether speculative any related with longstanding any line practice not allocation, about point, additional to
of your of consideration, and a as for forward $XXX adjusted share add rule $X.XX thumb, on per would on current basis, based However, the curve annualized diluted debt prepayment million EPS. every about an to
our brings of quarter That to we year. outlook the the where for first us have the comparisons most challenging
we For about headwind improve two the of revenue that EBITDA. reason, FX the expect In FX rates we our quarter, from of point on headwind progresses. as adjusted year to growth first one and points expect from on
about revenue, For benefit we of Argus. acquisition the anticipate point from two a
revenue down $XXX $XXX on X% X% expect on and as-reported or to an basis million and flat come down million We X% constant in to to currency an between basis. organic
organic the revenue be our basis. will to currency up mortgage, we remainder that of business on expect an an includes from approximately two Our meaning headwind flat point constant X% guidance
expect adjusted and million We a decrease $XXX between EBITDA of to million, $XXX X%. X% to be
result be EBITDA margin of to XXX relatively We impact points the margins basis Argus' expect adjusted down lower incorporating revenue mix. and XXX as to of a
lower a our to $X.XX diluted of be $X.XX, expect EBITDA XX% XX%, and expense. share adjusted higher to and interest earnings adjusted a per result of also We range between down
and point headwind FX X EBITDA. full the on on to of we expect FX of from year, headwind about Turning revenue adjusted point one from
acquisition anticipate Argus. of approximately from the For one benefit point of revenue, we
basis X% minimal in and $X.XXX come as-reported expect we or billion between a to year same revenue is an excluding currency impact. $X.XXX basis X% expect on as to and mortgage constant We up full organic an and billion the
markets and without with the financial on mid-single-digits with organic mortgage of segments, low-single-digits. up U.S. basis, expect For be our business without anticipate grow we impact services an We mortgage. to and to
We up high-single-digits on international organic Interactive Consumer to Verticals in mid-single-digits. currency basis. terms, decline low-single-digits and to that will anticipate We an constant we expect expect be Emerging grow
Neustar $X.XXX year basis X% $X.XXX by Turning higher outlook, declining up up X% Argus' X% the in points flat to billion, growth. of result interest the the the expect and X%. to offsetting between margin margins That savings, be total back mix of with benefits adjusted adjusted to with some considerations. We company to anticipate in EPS adjusted earlier expense we inclusion offset EBITDA cost and partially would to significant EBITDA lower billion XX relatively adjusted being diluted EBITDA revenue the
And acquisitions we control our and tax modeling XXXX to amortization XXXX is amortization million at be complete we XX%, of excluding you from your be rate the adjusted be to in our approximately this change help time, to $XXX and expected step-up about million. expect portion, to expect approximately depreciation and subsequent $XXX
we We anticipate due you net And capital rising $XXX year, expenditures about revenue. to interest come expect expense showed at as million significantly, for full of rates. the up will be to I earlier, in about X%
Nonetheless, detail guide happen, on provided. recession. that discussed event does growth incorporate U.S. does as revenue in in than mid-single-digit expect organic the second just I earnings albeit quarter not call, current and less our still that a market would assumes persist currency Our constant guidance conditions we we the
situation, our deep innovation. partnerships expansive And in built adjusted and EBITDA is growth adjusted because solutions diversified relevant would of this and incremental leadership thought on and I on pressure of possible diluted portfolio EPS. This our expect
downturn, a structure. trajectory would of structure support we cost expectations In they our to to to the revenue manage keep our integrating on in our we would to long-term our order against attractive it strategic ensure and margin our acquisitions deliver growth aligns focus ensure recent
expansion extra the this The program. XXXX. for we some our margin on expectations about with up significant Neustar saving bridge wrap to cost want detail slide benefit expect shows from in I the to derive
from margin through three these factors. are good flow Partially also positives We revenue our growth. have offsetting
the impact the have the First, year we of of the lower XXXX. as acquisition Argus' closed of April first in for three margin months
for year-over-year in the have also impact we will resetting costs allowing increases employee royalty higher compensation finally, appropriate to have And variable U.S. we in target Second, compensation. of cost markets. while
expand same long expect that the the able discussed of to At have investments cost the I XXXX any morning. prioritize all time, that prudent, to am cost long-term Chris we we without a growth-focused significant areas to because largely we pleased continue history say actions, taking margin to consistent this in be management.
For centers, times calibrate management we've years, example, we've excellent owned hiring to dozens of or slowed at to processes. acquired in recent expense growth closed and data we have our
structure continue of through the Beyond organization, these highlighted our benefits cost that, future capability good work is and operations our reduce Chris from global our cost drive centers initiatives. there to particularly from earlier and savings global significant that we
that execute. certain can investments, have the in all said, fully we execute in situation that maintaining that call. projects exciting managing With deteriorates, workforce We additional quality like reprioritizing actions, described T&E to remain order high of focused one-time today's we our if we've other costs on the or
turn now the back call some to final for I'll comments. Chris
