UL Solutions Inc.(ULS) - 2024 Q3 - Quarterly Results
Exhibit 99.1 UL Solutions Inc. Reports Strong Third Quarter 2024 Results 1 Third Quarter 2024 (Comparisons to Third Quarter 2023 unless otherwise noted) • Strong revenue growth of 8.1% to $731 million, including 9.3% organic growth • Net income of $94 million or, $0.44 per diluted share • Adjusted Net Income of $104 million increased 6.1% • Adjusted EBITDA of $183 million increased 12.3%, Adjusted EBITDA margin of 25.0% expanded 90 basis points • Net cash provided by operating activities of $394 million and ...