Experian backs guidance as revenue ticks up despite ‘subdued' UK
Experian PLC (LSE:EXPN) has stuck to guidance after revenue ticked up over the third quarter despite a “subdued” performance in the UK. Global organic revenue climbed by 6% in the three months to December, or by 8% when excluding foreign exchange headwinds, Experian reported on Wednesday.
Experian Posts Revenue Growth in Line With Guidance
The company reported total revenue growth of 8% at constant exchange rates for the third quarter of fiscal 2025, and confirmed its guidance for the year.
CFPB sues Experian over consumer credit accuracy
The top U.S. watchdog agency for consumer finance on Tuesday sued credit rating giant Experian, saying the company failed American consumers who challenge the accuracy of consumer credit files, court records show.
Experian rival credit reference agency startup raises funds
Infact Systems, a UK startup looking to build a digital 'real-time credit bureau', has raised £4 million from investors including Albion Capital after gaining regulatory authorisation in the UK. The Financial Conduct Authority approved the Clerkenwell-based company as a credit reference agency earlier this year, it said, confirming it as an upstart rival to Experian (LSE:EXPN).
Experian value drops by £600m as exec jumps ship to McAfee
Experian (LSE:EXPN) shares fell 2% after it was revealed that its chief operating officer Craig Bounds is jumping ship to run the American online protection specialist McAfee Corp. His departure was announced alongside robust, but largely anticipated numbers for the third quarter.
