Nielsen Reports Lower Earnings in Q2

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Nielsen reported lower earnings in the second quarter as foreign currency changes and restructuring charges offset good growth in the revenue generated by measuring video viewing.

Net income fell 1.7% to $114 million, or 31 cents a share, from $116 million, or 31 cents  a share, a year ago. On a constant currency basis, earnings would have been up 3.6%, the company said. The earnings also included $34 million in restructuring charges related to Nielsen’s Buy segment.

Revenues rose 2.4% to $1.6 billion, or 4.5% on a constant currency basis.

Read more at B&C.

Jon Lafayette
Jon Lafayette

Jon has been business editor of Broadcasting+Cable since 2010. He focuses on revenue-generating activities, including advertising and distribution, as well as executive intrigue and merger and acquisition activity. Just about any story is fair game, if a dollar sign can make its way into the article. Before B+C, Jon covered the industry for TVWeek, Cable World, Electronic Media, Advertising Age and The New York Post. A native New Yorker, Jon is hiding in plain sight in the suburbs of Chicago.