Nielsen’s Revenue Increases 13%

Nielsen N.V . continued to see its revenue grow in the third quarter, helped by recent acquisitions and growth in emerging markets, according to WSJ online.

The company last year closed on a roughly $1.3 billion deal to buy Arbitron, a consumer-research company that primarily measured radio audiences but had been figuring out how to measure media usage on the Web and mobile devices.

The company’s board also gave the go-ahead on an additional $1 billion for the company’s share repurchase program, boosting its total authorization to $1.4 billion.

Overall, Nielsen reported a profit of $91 million, or 24 cents a share, down 30% from $134 million, or 35 cents a share, a year earlier.

The dramatic year-over-year decline largely stemmed from fees related to recent refinancing of the company’s long-term debt, Nielsen said. Excluding the refinancing fees, earnings rose to 66 cents a share from 50 cents a year earlier.

Revenue edged up 13% to $1.57 billion. However, revenue excluding the impact of the Arbitron and Harris acquisitions, increased 2.5%.

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