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UL Solutions Q2 2024 Earnings Report

UL Solutions logo
$50.89 +1.44 (+2.91%)
(As of 12/20/2024 04:33 PM ET)

UL Solutions EPS Results

Actual EPS
$0.44
Consensus EPS
$0.38
Beat/Miss
Beat by +$0.06
One Year Ago EPS
N/A

UL Solutions Revenue Results

Actual Revenue
$730.00 million
Expected Revenue
$718.73 million
Beat/Miss
Beat by +$11.27 million
YoY Revenue Growth
+6.00%

UL Solutions Announcement Details

Quarter
Q2 2024
Time
Before Market Opens

Conference Call Resources

Conference Call Audio

Slide Deck

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UL Solutions Earnings Headlines

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Calculating The Fair Value Of UL Solutions Inc. (NYSE:ULS)
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About UL Solutions

UL Solutions (NYSE:ULS) provides safety science services worldwide. It operates through three segments: Industrial, Consumer, and Software and Advisory. The Industrial segment provides testing, inspection, and certification services across various end markets, including energy, industrial automation, engineered materials, and built environment, as well as stakeholders, such as manufacturers, building owners, end users, and regulators. The Consumer segment offers safety certification testing, ongoing certification, global market access, testing for connectivity, performance and quality, and critical systems advisory and training services, as well as product market acceptance and risk mitigation services for customers in the consumer products end markets comprising consumer electronics, medical devices, information technologies, appliances, HVAC, lighting, and retail, as well as consumer applications, such as new mobility, smart products, and 5G. The Software and Advisory segment provide software and technical advisory services that enable customers to manage regulatory requirements, deliver supply chain transparency, and operationalize sustainability for regulated industries, including life sciences, supply chain regulations, transparency needs, and new ESG and sustainability requirements. It offers ULTRUS software brand to help customers improve speed to market, sustainability and safety. UL Solutions Inc. was formerly known as UL Inc. and changed its name to UL Solutions Inc. in June 2022. The company was founded in 1894 and is headquartered in Northbrook, Illinois with additional offices in North America, Asia Pacific, Africa, Europe, Latin America, and Middle East. UL Solutions Inc. operates as a subsidiary of ULSE Inc.

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