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InfoGroup’s Income Plummets On Administrative Charges

InfoGroup’s Income Plummets On Administrative Charges

Posted on March 17, 2009 by Chief Marketer Staff

InfoGroup generated $738.3 million in sales during 2008, up from $688.8 million in 2007, and well above any level previously seen by the data and data services company. But a spike in selling, general and administrative expenses pulled its net income down to $4.8 million, well below the $40.9 million it realized in 2007. The fiscal year ended on Dec. 31.

At $356.5 million, the company

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