neustar inc-class a (NSR) Snapshot

Neustar, Inc. announced that John Caldwell has joined the company as Vice President of Media and New Ventures. Mr. Caldwell comes to Neustar from the National Geographic Society, where he served as President and Chief Digital Officer since 2008 and oversaw National Geographic's global digital media business and initiatives. In his new role, Mr. Caldwell will develop Neustar Information Services' overall strategy in the media industry. He will work with the Neustar leadership team to accelerate the adoption of the company's growing offering of information and data analytics services within the media ecosystem--specifically with publishers, broadcast and cable television companies, digital agencies and native digital media organizations. Mr. Caldwell will also focus on developing new media businesses within Neustar as well as developing new strategic partnerships within the media industry. He will report to Ted Prince, Neustar's Senior Vice President of Media and New Ventures.

NeuStar, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company’s consolidated revenue totaled $216.4 million, an 8% increase from $199.6 million in the first quarter of 2012. This $16.8 million increase included growth in all three of its operating segments. Income from operations was $70,826,000 against $64,386,000 a year ago. Income from continuing operations before income taxes was $53,405,000 against $56,422,000 a year ago. Net income was $33,764,000 or $0.50 per diluted share against $33,962,000 or $050 per diluted share a year ago. Adjusted net income was $54,131,000 or $0.80 per diluted share against $43,878,000 or $0.64 per diluted share a year ago. Adjusted EBITDA was $104,539,000 against $91,515,000 a year ago. The company spent $13.4 million in capital expenditures. The continue to generate strong cash this quarter. This was supplemented by an $18.4 million of incremental proceeds from debt financing. The company affirmed its earnings guidance for the year 2013, the company now expects revenue to range from $895 million to $915 million, adjusted net income to range from $220 million to $230 million and adjusted net income per share to range from $3.28 to $3.43.

Neustar, Inc. announced that Leonard (Len) Kennedy will join the company as Senior Vice President and General Counsel, effective May 13. In this position, Mr. Kennedy will oversee Neustar's legal and external affairs efforts, including public policy and government relations. Mr. Kennedy comes to Neustar from the U.S. Consumer Financial Protection Bureau, where he served as Associate Director and General Counsel and, most recently, as Senior Advisor to the Director. Previously, he served as General Counsel and Chief Government Affairs Officer at Sprint Nextel. Mr. Kennedy has more than 30 years of experience advising clients and the federal government on telecommunications and media law, regulatory strategy and policy, and investment matters affecting wireless, wired, and Internet communications services and networks. Prior to serving in the Consumer Financial Protection Bureau, he served as Senior Vice President and General Counsel of Nextel Communications. Mr. Kennedy will replace Scott Blake Harris, who has been Neustar's Senior Vice President and General Counsel since 2011. Mr. Harris is returning to private practice.