Equifax Inc (NYSE:EFX) shares are trading higher after the company after the company reported fourth-quarter FY23 results.
Revenues of $1.327 billion, up 11% Y/Y and 14% Y/Y in non-mortgage local currency, beating the consensus of $1.313 billion.
Workforce Solutions revenues rose 10% Y/Y to $559.5 million, reflecting strong growth of 17% in non-mortgage revenue and 27% in Verification Services non-mortgage revenue growth.
U.S. Information Solution revenues rose 5% Y/Y to $427.7 million, with 16% mortgage revenue growth and 3% non-mortgage revenue growth.
The company witnessed solid new product innovation in Equifax Cloud business, with Vitality Index …