Recurring Revenue Growth
Recurring revenue increased by 5.2%, driven by ARGUS Intelligence, which achieved double-digit growth for the second consecutive quarter.
Consolidated Margin Expansion
Consolidated margins grew by 230 basis points to 19.2%, with year-to-date margins up 440 basis points.
Strong Cash Flow Generation
Cash provided by operating activities increased by 22.8%, and free cash flow was up by 36.5% in the quarter. Free cash flow per share increased by 45.7%.
Adjusted EBITDA and EPS Growth
Adjusted EBITDA rose by 16.1% year-over-year, and adjusted EPS doubled from the prior year to $0.38.
ARGUS Intelligence Positive Performance
ARGUS Intelligence showed high double-digit growth, with net revenue retention levels above 100% and strong renewals on the platform.