Cision Earnings: Revenue Down 22%

Media list and monitoring company Cision reported a 22% decline in Q3 revenue compared to last year. Total revenues for Q1-Q3 2009 are $166.5 million, down from $186 million in 2008.

The company acknowledged that the recession weakened demand for popular services, although profit margins in the U.S. held steady at 20%.

RELATED: Vocus Announces Q3 Earnings: Revenue up 5%

Launch a social media campaign that will build your brand and deliver results in our online Social Media Marketing Boot Camp starting June 7. Speakers include Abigail Cusick (Bravo Digital), Gregory Galant (Sawhorse Media), Alex Leo (Thomson Reuters Digital), Jim Tobin (Ignite Social Media), and many more. Read the reviews.