Revenue up Six Percent to $90.7 Million;
Net Income Per Share (Diluted) is $0.68;
Costs and Expenses Increase Due to Planned Spending on Portable People Meter and ‘Project Apollo’ Initiatives and Reporting of Share-Based Compensation Expense
NEW YORK--(BUSINESS WIRE)--Arbitron Inc. (NYSE: ARB) today announced results for the third quarter ended September 30, 2006.
For the third quarter 2006, the Company reported revenue of $90.7 million, an increase of 6.0 percent over revenue of $85.6 million during the third quarter of 2005.
Planned spending on the Portable People Meter and Project Apollo initiatives along with the required expensing of share-based compensation contributed to increased costs and expenses for the third quarter of 7.8 percent, from $52.7 million in 2005 to $56.8 million in 2006. [ MORE ]
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