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Nielsen Reports Q3 Revs Down 1%
November 12, 2009 at 5:33 AM (PT)
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THE NIELSEN COMPANY B.V. has announced its financial results for the three and nine months ended SEPTEMBER 30th, 2009. Reported revenues for the Q3 2009 were $1,250 million, a decrease of 1% over reported revenues for the three months ended SEPTEMBER 30th, 2008 of $1,260 million. Excluding the impact of currency fluctuations, revenues for the three months increased 3%.
Reported operating loss for Q3 2009 was $393 million compared to operating income of $124 million for the three months ended SEPTEMBER 30th, 2008. "These results were negatively impacted by a non-cash charge related to the impairment of goodwill and intangible assets of $582 million and the impact of fluctuations in foreign currency exchange rates, partly offset by lower restructuring. Adjusting for these items, operating income, on a constant currency basis, increased 16%," said NIELSEN.
Reported revenues for the nine months ended SEPTEMBER 30th, 2009 were $3,610 million, a decrease of 4% over reported revenues for the nine months ended SEPTEMBER 30th, 2008 of $3,778 million.