TNS, Inc. Announces Fourth Quarter 2011 Financial Results
TNS, Inc. (NYSE: TNS), a leading provider of business-critical, cost-effective data communications services for transaction-oriented applications, today reported its fourth quarter 2011 results.
Henry H. Graham, Jr., CEO, commented, “Fourth quarter revenue and adjusted earnings were solid, with revenue within our expectations and adjusted earnings at the upper end of our outlook range excluding the gain on foreign exchange revaluation. Our three divisions performed as expected overall, with Telecommunication Services Division year-over-year growth driven by identity and verification, roaming and clearing and Cequint. International revenue growth in our Payments and Financial Services Divisions continued to partially offset North American revenue decreases. 2011 was one of continuing transformation for TNS. We believe we are returning to consistent earnings growth as our investments in our four key growth areas are beginning to pay off.”
Mr. Graham continued, “Our four key growth areas together, which include our TNSPay services suite, verification, roaming and clearing services, and our mobile applications, accounted for 11% of 2011 revenue. We believe these initiatives will continue to grow at an accelerated rate and become 13% - 14% of our total revenue in 2012. We believe this, when combined with an anticipated 1% - 3% growth rate for our core services, including network services, caller name services, and payment processing, should yield a blended 4% - 6% revenue growth rate leading to 7% - 14% adjusted earnings growth in 2012. We believe our growth initiatives will generate increasing return on investment and higher operating margins as we increase the scale of these offerings in 2013 and beyond. Overall, we believe this strategy will also continue to position us to gain market share in our target markets.”
Fourth Quarter 2011 ResultsTotal revenue for the fourth quarter of 2011 increased 4.2% to $140.3 million from fourth quarter 2010 revenue of $134.7 million. On a constant dollar basis, revenues for the fourth quarter of 2011 increased 4.1% to $140.2 million.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV