Verisk Analytics, Inc. (NASDAQ: VRSK) in the fourth quarter of FY 17 has posted better than expected results, led by robust organic revenue growth in insurance. Net income came to be $205 million and EBITDA came to be $276 million in the fourth quarter of FY 17

Verisk Analytics in the fourth quarter of FY 17 has reported the adjusted earnings per share of 81 cents, beating the analysts’ estimates for the adjusted earnings per share of 78 cents as per Zacks Investment Research. The company had reported the adjusted revenue growth of 12.7 percent to $570.3 million in the fourth quarter of FY 17, beating the analysts’ estimates for revenue of $556.8 million. The company has posted organic constant currency revenue growth of 7.4% in the fourth quarter of FY 17.

Moreover, in the fourth quarter of FY 17, Decision Analytics segment revenue grew 16.0%, including Insurance category revenue growth of 18.5%, Energy and specialized markets category revenue growth of 6.3% and Financial services category revenue growth of 33.1%. The Risk Assessment segment revenue grew 6.9% in the fourth quarter. This includes revenue growth in industry-standard insurance programs of 7.9% in the fourth quarter, resulting primarily from the annual effect of growth in 2017 invoices effective from January 1 and growth from new solutions. The reported results include the recent acquisitions of Risk Intelligence Ireland, MarketStance and Healix. Property-specific rating and underwriting information revenue grew 3.5% in the fourth quarter, led by an increase in underwriting solutions subscription revenue. The results include the recent acquisition of The GeoInformation Group in fourth-quarter 2016.

Further, for FY 17, the net cash provided by operating activities was $744 million and free cash flow from continuing operations was $560 million

Additionally, VRSK has repurchased 3.4 million shares for the full year for a total return of capital to shareholders of $270 million. At December 31st, 2017, the company had $366 million remaining under its share repurchase authorization. During the fourth quarter of FY 17, VRSK acquired PowerAdvocate for a net cash purchase price of $200 million.