Valassis Reports Healthy Growth in Revenues, Earnings
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LIVONIA, MI—Oct. 28, 2010—Valassis today announced financial results for the third quarter ended Sept. 30, 2010. Quarterly revenues were $572.4 million, an increase of 5.2 percent compared to $544.1 million for the prior year quarter. Third-quarter net earnings were $27.0 million, an increase of 95.7 percent compared to $13.8 million in the prior year quarter. Adjusted EBITDA* was $79.8 million, an increase of 24.9 percent compared to $63.9 million for the prior year quarter.
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- Companies:
- Valassis
- People:
- Alan F. Schultz
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