Infogroup has reported a 3% decline in net sales to $124.2m for the first quarter of 2010, with net sales in its marketing research group almost flat at $24.4m during the period. However, following cost reduction measures, Group net loss of $9.3m in Q1 2009 was turned into net income of $7.3m this quarter. More
Database giant Infogroup has reported a 13% drop in fourth quarter revenue to $24.7m for its market research arm, with an operating loss of $7.7m owing to a goodwill impairment charge. More
Data giant infoGroup has reported revenue for its MR firms down 16% to $24m in quarter three, with an operating loss of $700k compared with operating income of $1.4m for the prior year period. More
ORC parent and database giant infoGroup has reported an 18% decline in second quarter revenue to $122.2m (from $148.5m in 2008). More
ORC parent and database giant infoGROUP has reported a 17% drop in first quarter revenue to $127.5m from $153.3m in the prior year period. For the quarter, reported net loss was $9.3m compared with net income of $6.6m in 2008. More
Company founder Vin Gupta is to receive $10m as part of a severance agreement from ORC-owner infoGroup. The company filed its delayed second-quarter earnings report with the SEC yesterday, revealing that soaring costs reduced quarterly net income by almost 32% to $4.3m despite a 17% increase in revenue to $187.2m. More
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