UL Solutions Inc.(ULS) - 2024 Q2 - Quarterly Results

Exhibit 99.1 UL Solutions Inc. Reports Strong Second Quarter 2024 Results 1 Second Quarter 2024 (Comparisons to Second Quarter 2023 unless otherwise noted) • Strong revenue growth of 6.0% to $730 million, including 8.4% organic growth • Net income of$ 106 million or, $0.50 per diluted share • Adjusted Net Income of$ 94 million increased 5.6% • Adjusted EBITDA of $173 million increased 11.6%, Adjusted EBITDA margin of 23.7% expanded 120 basis points • Net cash provided by operating activities of$ 244 million ...