Thursday, April 25, 2013

UBM Reports Q1 Results

UBM Revenues Down 8 Percent in Q1:
Led by a poor quarter in events, UBM saw revenues decrease 7.9 percent year-over-year in the first three months of 2013.
Total revenues were down to $297.5 million, from $323.2 million in 2012, the company announced in its quarterly earnings report, while adjusted operating margins fell 23.9 percent to $53.5 million.