Arbitron Inc.
February 15, 2012
Text size
–
+
Arbitron Inc., the provider of audience ratings for U.S. radio stations, rose the most in more than four months after forecasting sales that beat analysts’ estimates. Revenue will increase 5 percent to 7 percent this year, the company said today in a statement. That would be $443.4 million to $451.9 million, and analysts had estimated $442 million on average, according to a Bloomberg survey. Arbitron is benefiting from price increases on its Portable People Meter radio ratings services and gains in sales of discretionary services. The company said it plans to buy back as much as $100 million in stock.
For more from BostonGlobe.com, sign up or log in below
To continue, please sign up or log in to BostonGlobe.com
Access the full articles and quality reporting of The Boston Globe at BostonGlobe.com
Sign up
Unlimited Access to BostonGlobe.com for 4 weeks for only 99¢.
Are you a Boston Globe home delivery subscriber?
Get FREE access as part of your print subscription.
BostonGlobe.com subscriber
Click to continue reading this article or to log in to BostonGlobe.com.
