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News-Neustar announces results for First Quarter 2012
Neustar announces results for First Quarter 2012
Views:1140 Time:2012-04-28 14:05:10 Author: NiceNIC.NET

Neustar announced recently results for the first quarter in 2012,ended March 31, 2012. You can read the press release after the jump:

 

" Neustar, Inc. (NYSE: NSR), a trusted, neutral provider of real-time information and analysis to the Internet, telecommunications, entertainment and marketing industries, today announced results for the quarter ended March 31, 2012.

 

GAAP Results for First Quarter 2012 Compared to First Quarter 2011

Revenue increased 37% to $199.6 million
Income from continuing operations increased 1% to $34.0 million
Income from continuing operations per diluted share increased 11% to $0.50
Cash, cash equivalents and investments totaled $188.7 million
Share repurchases totaled $23.8 million or 655,000 shares
Non-GAAP Results for First Quarter 2012 Compared to First Quarter 2011

Adjusted net income from continuing operations increased 16% to $43.9 million
Adjusted earnings per share increased 28% to $0.64 per diluted share"


"I am pleased with our first quarter results, which demonstrate that we are executing on our strategy,” said Lisa Hook, Neustar’s president and chief executive officer.  “In 2012, we are focused on delivering the highest quality services to our NPAC customers, successfully integrating Information Services and growing its revenue, and achieving our consolidated financial targets.  We remain focused on implementing our growth strategy and driving value for our customers and shareholders over the long term.”

 

Paul Lalljie, Neustar’s chief financial officer added, “Driven by a substantial contribution from our Information Services operating segment, our revenue grew 37% and we delivered strong earnings.  These solid results produced strong cash flows that enabled us to return significant capital to our stockholders.”

 

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