Nielsen Reports Q1 Financials Up
May 14, 2008 at 5:28 AM (PT)
THE NIELSEN COMPANY B.V. has announced its financial results for the quarter ended MARCH 31, 2008. Reported revenues for the three months ended MARCH 31, 2008 were $1,214 million, an increase of 13% over the revenues of $1,072 million for the three months ended MARCH 31, 2007. Excluding the impact of currency fluctuations, revenues for the quarter increased 8%.
Reported operating income for the three months ended MARCH 31, 2008 was $115 million compared to $56 million for the three months ended MARCH 31, 2007. The quarterly results were negatively impacted by $7 million, and $27 million, respectively, for certain items such as restructuring costs and compensation agreements. Adjusting for these items, operating income, on a constant currency basis, increased 41%.