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Home > (NSR, INWK, SEAC, MMSI, CLNO) Stock Updates by BestOtc.com

(NSR, INWK, SEAC, MMSI, CLNO) Stock Updates by BestOtc.com

October 12th, 2011 at 03:19 pm









Neustar, Inc. (NYSE:NSR) provides market-leading, innovative solutions and directory services that enable trusted communication across networks, applications, and enterprises around the world.

Summary of Consolidated Third Quarter Results Compared to Third Quarter of 2010

Revenue increased 18% to $152.5 million

Income from continuing operations increased 19% to $37.8 million

Earnings per diluted share from continuing operations increased 21% to $0.51

EBITDA from continuing operations increased 11% to $68.6 million, representing a 45% margin





Neustar, Inc. (NYSE:NSR), a global leader in network addressing, routing and policy management, announced results for the quarter ended September 30, 2011. The company also increased its guidance for full-year 2011 and announced the repurchase of up to $250 million of its Class A common shares on an accelerated basis.

In a separate announcement, the company stated that it has entered into a definitive agreement to acquire Targus Information Corporation, or TARGUSinfo, a leading, independent provider of real-time, on-demand information and analytics services including Caller ID, for approximately $650 million in cash.

Neustar continues to drive shareholder value across multiple fronts. Our third quarter results demonstrate our ability to continue to deliver double-digit revenue growth and generate strong profits and cash flows,” said Lisa Hook, Neustar’s president and chief executive officer. Ms. Hook continued, “The acquisition of TARGUSinfo furthers our business strategy with growing, high margin operations in markets adjacent to our core business. Our new capital structure, including a prudent amount of debt, allows us to make this acquisition and continue significant returns to shareholders. We are building shareholder value by increasing future cash generation and strategically diversifying our business while accelerating our share repurchases.”

Paul Lalljie, Neustar’s chief financial officer added, “We continue to deliver strong top line growth coupled with high margins and cash flows. This allows us to invest organically, make strategic, accretive acquisitions and return meaningful amounts of capital to shareholders. The third quarter results and the key performance indicators of our business have prompted us to update our full-year revenue and EBITDA guidance. Strong financial momentum, coupled with our operational achievements, put us in a solid position for growth in the future.”

Visit Neustar online at www.neustar.biz.

Read full artical and disclimar at : http://bestotc.com/18704/stock-alerts/nsr-inwk-seac-mmsi-clno-stock-updates-by-bestotccom/

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