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Thursday, October 28, 2021

Nielsen Reports Revenue Increase of 5.5 Percent


  • Revenues increased 5.5% to $882 million on a reported basis, 5.1% on a constant currency basis & 6.6% organic- Net income per share of $0.32 (diluted, from continuing operations); Adjusted EPS of $0.45
  • Raising 2021 revenue and EPS guidance; raising low end of adjusted EBITDA and Free Cash Flow guidance
  • On track to deliver Nielsen One, transformative single cross-media measurement solution, in 2022
Nielsen Holdings plc announced its results for the third quarter ended September 30, 2021. The Company also increased its 2021 guidance, raising its revenue and adjusted earnings per share ("EPS") ranges, and raising the low-end of its adjusted EBITDA and Free Cash Flow guidance ranges.

David Kenny
David Kenny, Chief Executive Officer, commented, "We are pleased with our strong third quarter results, building on our track record of execution and demonstrating continued progress on our strategic growth plan. In Audience Measurement, clients see the value in our enhanced and expanded products, and it is driving strong performance across national media and digital-first clients. In Outcomes and Content, growth was driven, in part, by improving trends post-Covid, and we are continuing to build on our global leadership position. Our updated guidance today reflects our strong performance year to date and confidence in our ability to deliver on our objectives."

"The media ecosystem is undergoing significant change as viewing accelerates to streaming. We are making strong progress advancing the development of Nielsen One, our cross-media measurement solution, to provide the market with comparable metrics across streaming and TV. We are building on our strong foundation in linear and digital, we have a clear timeline leading up to the launch in the fourth quarter of 2022, and we are delivering on interim milestones as planned. We believe that Nielsen is the only company positioned to deliver effectively on the promise of representative, currency-grade cross-platform measurement that is essential to the industry."

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