On Wednesday, the Nielsen Co. reported that its third-quarter revenues were up 11 percent compared with the same time frame last year.
Nielsen, which tracks what people are watching on TV or buying though its various subsidiaries, reported revenues of $1.9 million in the recently completed third quarter, compared with $1.1 million in Q3 2006.
Excluding the impact of currency fluctuations and the deferred revenue adjustments in the last year, third-quarter revenues increased 7 percent.
Operating income for the third quarter of this year was $77 million, compared with $90 million in the third quarter of 2006. The company said its third quarter results were negatively impacted by $79 million in restructuring costs. As of Sept. 30, the company’s total debt was $8.3 billion, while cash balances stood at $340 million.