D&B’s core and total revenue for the first quarter of 2009 was $407.4 million, up 1 percent from the prior year similar period before the effect of foreign exchange (down 2 percent after the effect of foreign exchange).  Risk Management Solutions revenue of $274.3 million, up 4 percent before the effect of foreign exchange (flat after the effect of foreign exchange); Sales & Marketing Solutions revenue of $102.8 million, down 5 percent before the effect of foreign exchange (down 6 percent after the effect of foreign exchange); and Internet Solutions revenue of $30.3 million, flat before the effect of foreign exchange (down 1 percent after the effect of foreign exchange). 

International revenue (included in above figures) for the first quarter of 2009 was $86.2 million, up 19 percent from the prior year similar period before the effect of foreign exchange (up 5 percent after the effect of foreign exchange), which is an indication that D&B’s international strategy is working.

Operating income before non-core gains and charges for the first quarter of 2009 was $116.0 million, up 5 percent from the prior year similar period. On a GAAP basis, operating income was $114.7 million, up 14 percent from the prior year similar period.  Net income before non-core gains and charges for the first quarter of 2009 was $71.9 million, up 10 percent from the prior year similar period. On a GAAP basis, net income for the quarter was $104.2 million, up 70 percent from the prior year similar period, primarily due to a lower provision for income taxes due to benefits derived from worldwide legal entity simplification.  Source: D&B Earnings Release

BIIA Newsletter April 2009 Issue