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Sunday, October 27, 2013

Nielsen Revs Up In Q3

10/23/13

Nielsen saw its revenues for the third quarter move up 2.7 percent, to $1.4 billion, while adjusted EBITDA rose 4.2 percent, to $398 million. Adjusted net income, meanwhile, rose 17 percent, to $193 million, while adjusted net income per share was 50 cents. Nielsen completed its acquisition of Arbitron (now Nielsen Audio) in the third quarter.

Nielsen CEO David Calhoun said the quarter "represented consistent growth driven by our ongoing commitment to innovation and global expansion."

He said the integration of Arbitron into Nielsen "is progressing smoothly" and that the company "is excited about the opportunities that lie ahead as we feel confident the combined company will continue to drive incremental value for customers and shareholders."

On Tuesday, Nielsen declared a quarterly cash dividend of 20 cents per share of common stock, payable December 9 to shareholders of record as of November 25.

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