STOCKHOLM: Cision reported $46.4 million in revenues for its third quarter, a 22% decrease from the $60 million* it generated in the same period last year. Organic growth also declined by 13% for the quarter, which ended September 30.
The company posted a $44.3 million loss for the quarter, compared to a $35.5 million loss in the year-ago period. The recession, currency exchange rates, and restructuring costs related to the sale of some of its businesses, including the UK Print Monitor Division, impacted ...