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This was in comparison with a net income of USD223m or USD0.52 per share in the third quarter of the prior year.
Third-quarter 2009 operating profit was USD259m, as compared with USD297m in the prior-year quarter.
Total revenues for the quarter were USD2.6bn, down by 4% as compared with USD2.64bn in the third quarter of 2008.
The company also said that its long-term outlook was of continued mid-single-digit local-currency revenue growth; operating margin improving to mid-teens upon completion of 2005 and 2009 restructuring programmes.
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The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
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