Neustar (NSR) Tops Q1 EPS by 6c; Guides
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Neustar (NYSE: NSR) reported Q1 EPS of $1.08, $0.06 better than the analyst estimate of $1.02. Revenue for the quarter came in at $251.4 million versus the consensus estimate of $245.6 million.
Neustar sees FY2015 EPS of $4.25-$4.51, versus the consensus of $4.31. Neustar sees FY2015 revenue of $1.02-1.04 billion, versus the consensus of $1.01 billion.
“Our first quarter results demonstrate that we are well-positioned to benefit from the evolving strategic partnership between companies’ marketing and security departments,” said Lisa Hook, Neustar’s President and Chief Executive Officer. “Our highly competitive solutions in Marketing, Security, and Data Services deliver value for our clients as they grapple with the secular shift to digital and the proliferation of connected devices. Our Information Services & Analytics offerings provide our clients critical, high-value insights in this evolving data-driven marketplace, and make us an important partner to an expanding set of customers.”
Paul Lalljie, Neustar’s Chief Financial Officer, added, “Our Marketing and Security Services both delivered double-digit revenue growth year-over-year. During the quarter, we continued to generate strong free cash flow and announced a $150 million share repurchase program. Our strong first quarter, together with leading indicators and the NPAC contract amendment, give us visibility to extend guidance for all of 2015.”
For earnings history and earnings-related data on Neustar (NSR) click here.
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