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Neustar Profits Rise 11% in 3Q, EPS Up 21%

Neustar Inc. (NYSE: NSR) on Oct. 11 announced financial results for its third quarter ended Sept. 30, 2011.

The company reported that it earned 51 cents per diluted share, a 21 percent increase over the same period a year ago.

Neustar also said it generated $152.5 million in revenue, an 18 percent increase year-over-year, and saw income from continuing operations increase 19 percent to $37.8 million over that period.

Earnings before certain expenses including taxes and depreciation rose 11 percent to $68.6 million, or a 45 percent margin.

The acquisition of TARGUSinfo furthers our business strategy with growing, high margin operations in markets adjacent to our core business, ” said Neustar CEO Lisa Hook. “Our new capital structure, including a prudent amount of debt, allows us to make this acquisition and continue significant returns to shareholders. We are building shareholder value by increasing future cash generation and strategically diversifying our business while accelerating our share repurchases.”

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