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Neustar Reports Results For Fourth Quarter And Full-Year 2013

Neustar, Inc. (NYSE: NSR), a trusted, neutral provider of real-time information services and analytics, today announced results for the quarter and year ended December 31, 2013 and provided guidance for 2014.

Results for 2013 Compared to 2012

  • Revenue increased 8% to $902.0 million
  • Non-NPAC revenue increased 10% to $464.6 million
  • Net income increased 4% to $162.8 million, or $2.46 per share, an increase of 7%
  • Adjusted net income increased 13% to $233.5 million, or $3.53 per share, an increase of 16%

Results for Fourth Quarter 2013 Compared to Fourth Quarter 2012

  • Revenue increased 11% to $237.6 million
  • Non-NPAC revenue increased 15% to $128.3 million
  • Net income increased 1% to $38.1 million, or $0.59 per share, an increase of 5%
  • Adjusted net income increased 19% to $60.2 million, or $0.94 per share, an increase of 25%

“We made significant progress on our 2013 priorities. We delivered strong financial results, made investments to further our strategic objectives and aligned our organization to be client focused,” said Lisa Hook, Neustar's President and Chief Executive Officer. “We will continue to build on this progress, and remain confident in our prospects for growth and profitability in 2014 as we execute our strategy.”

Paul Lalljie, Neustar's Chief Financial Officer added, “Our full-year and fourth quarter results continue to demonstrate our strong business fundamentals. We generated double-digit revenue and adjusted net income growth in the fourth quarter, and we continued to generate strong free cash flow. In addition, we reduced our annual interest expense by $10 million through refinancing our outstanding debt and we bought back $285 million of our stock. In 2014, we will continue to focus on revenue growth, profits, and share repurchases.”

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