Cision Earnings: Revenue Down 22%

Media list and monitoring company Cision reported a 22% decline in Q3 revenue compared to last year. Total revenues for Q1-Q3 2009 are $166.5 million, down from $186 million in 2008.

The company acknowledged that the recession weakened demand for popular services, although profit margins in the U.S. held steady at 20%.

RELATED: Vocus Announces Q3 Earnings: Revenue up 5%



Publish date: October 27, 2009 https://dev.adweek.com/digital/cision-earnings-revenue-down-22/ © 2020 Adweek, LLC. - All Rights Reserved and NOT FOR REPRINT
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