UL Solutions Inc.(ULS) - 2024 Q1 - Quarterly Results

Exhibit 99.1 UL Solutions Inc. Reports Strong First Quarter 2024 Results 1 First Quarter 2024 (Comparisons to First Quarter 2023 ) • Strong revenue growth of 6.5% to $670 million, including 7.5% organic growth • Net income of$ 60 million or, $0.28 per diluted share • Adjusted Net Income of$ 61 million increased 13.0% • Adjusted EBITDA of $131 million increased 18.0%, Adjusted EBITDA margin of 19.6% expanded 200 basis points • Net cash provided by operating activities of$ 141 million and Free Cash Flow of $8 ...