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Nielsen Reports Lower Earnings in Q2

Nielsen reported lower earnings in the second quarter as foreign currency changes and restructuring charges offset good growth in the revenue generated by measuring video viewing.

Net income fell 1.7% to $114 million, or 31 cents a share, from $116 million, or 31 cents  a share, a year ago. On a constant currency basis, earnings would have been up 3.6%, the company said. The earnings also included $34 million in restructuring charges related to Nielsen’s Buy segment.

Revenues rose 2.4% to $1.6 billion, or 4.5% on a constant currency basis.

Read more at B&C.