UL Solutions Inc Class A common stock

ULS: XNYS (USA)
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UL Solutions Earnings: Previously Rich Valuation Driver of Stock's Decline, but Results Look Solid

UL Solutions reported second-quarter revenue of $816 million, an increase of 5% year on year, and nearly 7% organically. In turn, adjusted EBITDA margin totaled 26.8%, up 140 basis points year on year. Despite the expected results, the stock declined roughly 14% on the trading day.

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