Dun & Bradstreet Corp. The Reports Operating Results (10-Q)

Author's Avatar
Aug 09, 2012
Dun & Bradstreet Corp. The (DNB, Financial) filed Quarterly Report for the period ended 2012-06-30.

Dun & Bradstreet Corp has a market cap of $3.57 billion; its shares were traded at around $77.5 with a P/E ratio of 11.8 and P/S ratio of 2. The dividend yield of Dun & Bradstreet Corp stocks is 2%. Dun & Bradstreet Corp had an annual average earning growth of 9.8% over the past 10 years. GuruFocus rated Dun & Bradstreet Corp the business predictability rank of 4.5-star.

Highlight of Business Operations:

Total revenue decreased $32.9 million, or 8% (7% decrease before the effect of foreign exchange), for the three months ended June 30, 2012 as compared to the three months ended June 30, 2011. The decrease in total revenue was primarily driven by a decrease in Asia Pacific total revenue of $22.1 million, or 32% (33% decrease before the effect of foreign exchange), a decrease in North America total revenue of $9.3 million, or 3% (both before and after the effect of foreign exchange) and a decrease in Europe and Other International Markets total revenue of $1.5 million, or 3% (2% increase before the effect of foreign exchange).

Total revenue decreased $33.7 million, or 4% (both before and after the effect of foreign exchange), for the six months ended June 30, 2012 as compared to the six months ended June 30, 2011. The decrease in total revenue was primarily driven by a decrease in Asia Pacific total revenue of $18.3 million, or 15% (16% decrease before the effect of foreign exchange), a decrease in North America total revenue of $15.0 million, or 3% (both before and after the effect of foreign exchange), and a decrease in Europe and Other International Markets total revenue of $0.4 million, or less than 1% (2% increase before the effect of foreign exchange).

North America represented 73% and 74% of our core revenue for the three month and six month periods ended June 30, 2012 compared to 74% and 75% of our core revenue for the three month and six month periods ended June 30, 2011.

North America total revenue decreased $9.3 million, or 3% (both before and after the effect of foreign exchange), for the three months ended June 30, 2012 as compared to the three months ended June 30, 2011. North America total revenue was negatively impacted by the divestiture of i) AllBusiness.com, Inc.;ii) Purisma Incorporated; and iii) a small supply management company in the first half of 2012, all of which we reclassified as Divested and Other Businesses. Excluding the impact of the Divested and Other Businesses, core revenue decreased $7.0 million, or 2% (both before and after the effect of foreign exchange).

North America total revenue decreased $15.0 million, or 3% (both before and after the effect of foreign exchange), for the six months ended June 30, 2012 as compared to the six months ended June 30, 2011. North America total revenue was negatively impacted by the divestiture of: i) AllBusiness.com, Inc.; ii) Purisma Incorporated; and iii) a small supply management company in the first half of 2012, all of which we reclassified as Divested and Other Businesses. Excluding the impact of the Divested and Other Businesses, core revenue decreased $10.0 million, or 2% (both before and after the effect of foreign exchange).

Read the The complete Report