Cision Earnings: Revenue Down 22%

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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%.

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