Nielsen Holdings N.V. has announced its financial results for the third quarter, which ended September 30. During Q3, Nielsen closed its deal to acquire Arbitron, which it rebranded as Nielsen Audio. Revenues for the third quarter increased 2.7 percent to $1.387 billion. Adjusted EBITDA for the quarter grew 4.2 percent to $398 million, and net income grew by 28 percent to $134 million.
"Nielsenís third quarter represented consistent revenue and profit growth driven by our ongoing commitment to innovation and global expansion," said Nielsen CEO David Calhoun.
Calhoun continued, "The quarter also marked the completion of the Arbitron acquisition, which has been rebranded as Nielsen Audio. The integration is progressing smoothly and we are excited about the opportunities that lay ahead as we feel confident the combined company will continue to drive incremental value for customers and shareholders."