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.
Weekly digest of streaming and OTT industry news
Thank you for signing up to Multichannel News. You will receive a verification email shortly.
There was a problem. Please refresh the page and try again.