NEW YORK: Online audience researcher NetRatings, majority owned by The Nielsen Company, has posted its financial results for the fourth quarter and for the 2006 full year.
The latter figures show a profit for the first time, with a net income of $2.8 million (€2.1m; £1.4m) in 2006, compared with a loss of $8.4m in 2005. Revenue rose 20% from $68m in 2005 to $81.8m in 2006.
Q4 revenues were $22m, up 24% from $17.7m a year earlier. Expenses were revealed as $778,000 relating to the pending acquisition of the remainder of its shares by Nielsen Company. The merger is expected to be completed in Q2 this year.
Data sourced from mrweb.com; additional content by WARC staff