Nielsen Reports 4th Quarter And Full Year 2020 Results; Provides 2021 Guidance
Nielsen N.V. Ordinary Shares (NLSN)
Last nielsen n.v. ordinary shares earnings: 4/30 06:30 am
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Source: PR Newswire
NEW YORK, Feb. 25, 2021 /PRNewswire/ -- Today, Nielsen Holdings plc (NYSE: NLSN) announced its fourth quarter and full year 2020 results. For the full year, revenues decreased 3.2% on a reported basis and decreased 2.3% on a constant currency basis, in line with guidance. Adjusted EBITDA, Adjusted EPS and Free Cash Flow all exceeded guidance. Nielsen also issued 2021 guidance for the New Nielsen, which adjusts for the planned sale of Global Connect. David Kenny, Chief Executive Officer, commented, "Our solid results in 2020 reflect strong execution and the resiliency of Nielsen's business model. We acted swiftly to keep our people safe and healthy, and to mitigate the impact of the global pandemic on our operations. In parallel, we accelerated progress on our transformation, rationalizing our product portfolio including the planned sale of Global Connect, and aligning our product roadmap around two unique platforms for ads and for content. In December, we announced our plans to launch
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