It looks like things are turning around at Nielsen after a brutal miss in its third-quarter earnings one year ago triggered a massive sell-off of its stock on Wall Street.
For the three months ending Sept. 30, 2017, revenue jumped to $1.64 billion, from $1.57 billion, as net income attributable to Nielsen shareholders improved to $146 million (41 cents per dilute share), from $130 million (36 cents). Adjusted EBITDA increased by 4.0% on a constant currency basis, to $522 million, compared to Q3 2016.
Those results were welcomed by Pivotal Research Group Senior Research Analyst of Advertising Brian Wieser, who notes that Nielsen’s Q3 “were generally better than our expectations, with relatively stable guidance for the remainder of the year.”
