Valassis Reports Revenue Declines for Fourth Quarter, Full Year

• Neighborhood Targeted: Revenues for the fourth quarter of 2011 were $118.9 million, a decrease of 20.7 percent compared to the prior year quarter. Segment profit for the quarter was $4.6 million, an increase of 360 percent compared to the prior year quarter, which included a $4.5 million charge to bad debt.