InfoGroup reports Q4 revenue drop

Share this article:

InfoGroup reported a 4% decline in revenue for the fourth quarter of 2008, down to $178.1 million from $185.8 million over the same period in 2007, according to its earnings report released today.

 

The company's operating income for Q4 was $9.2 million, compared to income of $24.7 million for Q4 2007.

 

InfoGroup reported earnings per share for the period at 3 cents, vs. earnings per share of 20 cents for the same period in 2007.

 

For all of 2008, revenue for the company was $738.3 million, an increase of 7% over revenues of $688.8 million in fiscal year 2007.

 

For the full year, InfoGroup's operating income was $25.3 million, compared to $86.5 million in 2007.

This material may not be published, broadcast, rewritten or redistributed in any form without prior authorization. Your use of this website constitutes acceptance of Haymarket Media's Privacy Policy and Terms & Conditions