Our revenue growth was fueled by strong performance in our financial services and emerging verticals segments, as well as double-digit growth in our international markets. We also saw a 50% increase in mortgage revenue, which we view as a key driver for our business. Our TruValidate fraud prevention suite and FactorTrust alternative lending product have also been performing well, contributing to our positive results.
We are excited about the introduction of our OneTru platform, which will enhance innovation and drive further revenue growth. This platform is part of our ongoing commitment to technology transformation and will help us stay competitive in the market.
Looking ahead, we have raised our full-year guidance due to our strong performance in the second quarter and recent breach remediation wins. We anticipate a 7% to 8% revenue growth for the full year, with margin expansion and steady growth in the financial services sector. While we do expect some pressure on profitability in the third quarter, we are confident in our ability to continue our transformation program and reduce our leverage ratio.
Overall, we are pleased with our second quarter results and optimistic about the remainder of 2024. We believe that our strategic initiatives, such as the OneTru platform and our focus on market expansion, will continue to drive growth and success for TransUnion. Thank you for joining us today.
Overall, our technology modernization efforts are already delivering benefits in terms of cost savings, increased productivity, and accelerated innovation. We believe that by aligning our technology around a new global platform and solutions, we can drive revenue growth and create value across the enterprise. We are excited about the progress we’ve made in the second quarter and look forward to continued success in the future. Todd will now provide more details on our updated guidance for the full year 2024.” Looking ahead to the rest of 2024, we are optimistic about our continued growth and innovation. We have seen success with our TruValidate and FactorTrust products, and we are excited to continue integrating our products into the OneTru platform to drive even more value for our customers. Our focus on fraud prevention, marketing, and credit services will allow us to better serve our customers and expand our market share in the coming months.
Financially, we are pleased with our second quarter performance, exceeding our guidance on key metrics. Our adjusted EBITDA margin is at the high end of expectations, and we continue to realize transformation cost savings. We are committed to our transformation program, with one-time expenses expected to total $200 million in 2024, driving at least $65 million in operating expense savings. We expect the remaining one-time expenses to be incurred in 2025 as we continue to invest in our growth and innovation.
In summary, we are confident in our strategy and the direction of our business. We look forward to updating you on our progress and performance in the coming quarters as we continue to drive innovation, improve our products, and deliver value to our customers. Thank you for your continued support. Overall, we are pleased with our performance in the second quarter and remain focused on driving growth and innovation across our business segments. We are confident in our ability to navigate the current environment and position ourselves for future success. Thank you for your continued support and partnership as we work towards our strategic goals and deliver value for our customers and shareholders. Good morning. Thank you for the detailed update on the company’s performance and guidance. It’s great to hear about the outperformance in the second quarter and the positive outlook for the remainder of the year. My question is regarding the impact of the recent large breach wins on revenue and margin. Could you provide more insight into how these wins are expected to contribute to the company’s financials in the third quarter and beyond? Thank you. This new product is expected to drive growth in the marketing segment as we continue to innovate and meet the evolving needs of our customers. Joint product development efforts between TransUnion and Neustar have been successful, with new offerings being well received in the market. Overall, we remain optimistic about the growth potential of Neustar’s marketing and fraud solutions, and we are focused on continuing to drive innovation and deliver value to our customers. Todd Cello: Yes, Toni, thanks for the question. I’ll address that. So when you look at our guidance for the third quarter, we are maintaining our outlook for low-single digit growth, excluding the impact of the breach wins. And as you mentioned, there is a slight deceleration in organic growth implied in that guidance. However, I would caution against reading too much into that deceleration. We believe that our business is well-positioned for continued growth, and as I mentioned earlier, the risk in the Emerging Verticals skews more to the upside than the downside. So while there may be some temporary fluctuations in growth rates, we remain confident in our ability to deliver solid results in the long term. And that’s all the information I have for you today. If you have any more questions or need further clarification, feel free to reach out. Thank you for your time. Chris Cartwright: Hi Tom, thanks for your question. We did see some disruptions in the auto industry due to the CDK outage in the second quarter. CDK is a major provider of technology solutions for auto dealerships, and the outage did impact some of our customers in the industry. However, we were able to quickly address any issues that arose and mitigate the impact on our business. Overall, we continue to see strong demand for our auto solutions and believe that the industry will bounce back from this disruption.