UL Solutions Inc
For the period ended Sep 30, 2024. Filed Nov 5, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 5, 2024
ULS$81.56+0.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
UL Solutions Inc.
Condensed Consolidated Statements of Operations
(Unaudited)
| Three Months EndedSeptember 30, | Nine Months EndedSeptember 30, | |||
|---|---|---|---|---|
| (in millions, except per share data) | 2024 | 2023 | 2024 | 2023 |
| Revenue | $731 | $676 | $2,131 | $1,994 |
| Cost of revenue | 373 | 344 | 1,088 | 1,031 |
| Selling, general and administrative expenses | 228 | 206 | 696 | 644 |
| Goodwill impairment | — | 37 | — | 37 |
| Operating income | 130 | 89 | 347 | 282 |
| Interest expense | (14) | (7) | (42) | (23) |
| Other income (expense), net | — | (7) | 18 | 8 |
| Income before income taxes | 116 | 75 | 323 | 267 |
| Income tax expense | 22 | 18 | 63 | 53 |
| Net income | 94 | 57 | 260 | 214 |
| Less: net income attributable to non-controlling interests | 6 | 4 | 15 | 12 |
| Net income attributable to stockholders of UL Solutions | $88 | $53 | $245 | $202 |
| Earnings per common share: | ||||
| Basic | $0.44 | $0.27 | $1.23 | $1.01 |
| Diluted | $0.44 | $0.27 | $1.22 | $1.01 |
| Weighted average common shares outstanding: | ||||
| Basic | 200 | 200 | 200 | 200 |
| Diluted | 202 | 200 | 201 | 200 |
UL Solutions Inc.
Condensed Consolidated Statements of Comprehensive Income
(Unaudited)
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