Wednesday, July 27, 2022

Nielsen Reports Higher 2Q Revenue



  • Revenues of $882 million increased 2.4% on a reported basis, 4.0% on a constant currency basis & 4.5% organic constant currency
  • Net income per share of $0.30 (diluted, from continuing operations); Adjusted EPS of $0.46
  • Reiterating full year 2022 financial guidance initially provided on February 28, 2022 for all key metrics
  • On track to deliver Nielsen ONE, our transformative single cross-media measurement solution, in 2022

Today, Nielsen Holdings plc announced its results for the quarter ended June 30, 2022. The company is reiterating its full year 2022 guidance ranges for all key metrics.

David Kenny, Chief Executive Officer, commented, "Our teams executed well and delivered strong second quarter results despite an increasingly uncertain macroeconomic backdrop. As the global media landscape continues to evolve, we are innovating in our client solutions and this includes the tremendous progress we've made on Nielsen ONE, our transformative cross-media solution. 

David Kenny
"As planned, we will bring cross-media ad measurement to market by December 2022 and we're adding in new features, such as advanced audiences and outcomes measurement, in alignment with the needs of advertisers and agencies. Nielsen remains the currency of choice for the U.S media industry, which was evidenced in this year's upfronts. We also completed the vast majority of success criteria required for re-accreditation of our U.S. TV ratings services, and expect to be ready for a vote by Media Rating Council members later this year. With an unmatched position delivering value to clients worldwide across our three essential solutions, we are executing on our mission to power a better media future for all people."

Nielsen is in the process of completing a transaction to be bought by a group led by Elliott Investment Management and Brookfield Business Partners for $16 billion. Because of the pending transaction, Nielsen said it would not be holding a conference call with analysts to discuss its earnings or other matters.

“As planned, we will bring cross-media ad measurement to market by December 2022 and we're adding in new features, such as advanced audiences and outcomes measurement, in alignment with the needs of advertisers and agencies. Nielsen remains the currency of choice for the U.S media industry, which was evidenced in this year's upfronts,” Kenny said. “We also completed the vast majority of success criteria required for re-accreditation of our U.S. TV ratings services, and expect to be ready for a vote by Media Rating Council members later this year. With an unmatched position delivering value to clients worldwide across our three essential solutions, we are executing on our mission to power a better media future for all people."

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