D&B Announces Second Quarter 2010 Results;
Reaffirms 2010 Guidance and Announces a
l Diluted EPS Before Non-Core Gains and Charges Up 2%; GAAP Diluted EPS down 23%, Primarily
Due to a Gain Associated with the Disposal of The Domestic Portion of our Italian Operations in the
Second Quarter of 2009.
l Core Revenue Down 3% Before the Effect of Foreign Exchange (Down 2% After the Effect of Foreign
l Total Revenue on a GAAP Basis Down 5% both Before and After the Effect of Foreign Exchange,
Reflecting the Impact of the Disposal of The Domestic Portion of our Italian Operations in the Second
Quarter of 2009.
l D&B Forms Strategic Partnership for its North American Self Awareness Solutions.
July 29, 2010 04:33 PM Eastern Daylight Time
SHORT HILLS, N.J.--(EON: Enhanced Online News)--D&B (NYSE: DNB), the world's leading source of
commercial information and insight on businesses, today reported results for the second quarter ended June 30,
"With the first half of 2010 behind us, we are on track to meet our full-year guidance. International performed well;
however, we are experiencing an uneven recovery in North America, especially in Sales & Marketing. We are
taking actions to address the weaker parts of North America and the strategic partnership for our Self Awareness
Solutions is just one example. Finally, we are making good progress against the key milestones of our Strategic
Technology Investment, and expect to have the first new products launched by the end of the year” stated Sara
Mathew, D&B’s Chairman and CEO.
Second Quarter 2010 Results
Diluted earnings per share before non-core gains and charges for the quarter ended June 30, 2010 were $1.23,
up 2% from $1.21 in the prior year similar period.
On a GAAP basis, diluted earnings per share for the quarter ended June 30, 2010 were $1.10 down 23%, from
$1.43 in the prior year similar period, largely due to a one-time gain associated with the disposal of the domestic
portion of our Italian o