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chieving the Fourth Consecutive Quarter of Revenue Growth
Dun & Bradstreet (NYSE: DNB) core and total revenue for the third quarter was US$ 417.1 million, up 1% year over year, before the effect of foreign exchange (up 2% after the effect of foreign exchange).
Operating income before non-core gains and charges of $107.4 million, down 16% from the prior year similar period due to planned strategic investments to drive long-term growth; GAAP operating income of $96.8 million, down 20%;
Diluted earnings per share before non-core gains and charges were $1.85, down 8% from $2.01 in the prior year similar period; GAAP diluted earnings per share were $1.85, down 1% from $1.87; and Free cash flow for the first nine months of 2014 was $237.6 million, compared to $263.0 million in the prior year similar period; net cash provided by operating activities for the first nine months of 2014 was $276.7 million, compared to $299.3 million in the prior year similar period.
“We continue to make good progress against our strategy and we are beginning to build momentum on our top line,” said Bob Carrigan, President & CEO of Dun & Bradstreet. “There are ever more market signals indicating growing demand for actionable data and insights and we are well positioned to capitalize on these needs.”
Source: D&B Earnings Release
