Nielsen Third-Quarter Financials Improve
The media measurement company said its revenue for the latest period rose 10 percent, or 6 percent assuming constant currencies, to $1.41 billion.
NEW YORK – Media measurement and consumer research company Nielsen Holdings on Thursday reported improvements in third-quarter earnings and revenue.
The firm, which provides TV ratings and other media measurement services, said its earnings of $103 million compared to $11 million in the year-ago period. Adjusted for certain items, earnings more than doubled from $83 million to $181 million.
Quarterly revenue increased 10 percent, or 6 percent when assuming constant currencies, to $1.41 billion. Nielsen, which previously owned The Hollywood Reporter, cited a 12 percent revenue increase in what it calls its "Buy" segment, a 6 percent gain in its "Watch" segment and a 2 percent improvement in its expositions unit.
"Nielsen's third-quarter results reflect solid revenue growth and operating performance," said CEO David Calhoun. "We continue to execute a balanced approach to strategic investment and commitment to de-leveraging."