Nielsen Profit Rises 62 Percent As Revenue Improves

Nielsen Holdings N.V. said its first-quarter earnings jumped 62% as the consumer-research firm reported increased sales in its main segments, according to WSJ.

The company last year closed on a roughly $1.3 billion deal to buy Arbitron, best known for measuring radio's audience, but which also has had some success in figuring out how to measure media usage on the Web and mobile devices.

For the latest quarter, Nielsen reported a profit of $55 million, or 15 cents a share, up from $34 million, or 9 cents a share, a year earlier.

Excluding restructuring costs and other items, earnings were 43 cents, up from 31 cents a share.

Revenue improved 13% to $1.49 billion.

Mitch Barns

"Nielsen delivered a solid first quarter," said Mitch Barns , Chief Executive Officer of Nielsen. "Our underlying business performance, which was marked by broad-based revenue growth and strong profitability, was enhanced by the ongoing successful integration of Arbitron. Our clear focus on the key business priorities of our diverse global client base continues to produce steady and consistent results while delivering long-term value for our shareholders."

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