Reuters Posts Modest Revenue Gains In 1992 As Per-Terminal Revenue Dwindles

VENDOR STRATEGIES

Despite slower revenue growth, Reuters was predictably upbeat about 1992 earnings. Analysts and market participants, however, took a decidedly different view. Reuters' American Depository Receipts (ADRs) fell about six percent following the announcement, sparked by concerns that per-terminal revenue had slipped in the last six months.

Although Reuters doesn't break out revenue on a per-terminal basis and doesn't encourage analysts to use it as a barometer, a Reuters spokesperson confirms that