With 40,000 Terminals, Bloomberg Now Projects 3rd-Best Yearly Revenues

MARKET DATA & NEWS

BLOOMBERG L.P. late last month passed the 40,000-terminal mark, an installed base which gives the vendor projected yearly revenues of $528 million. As such, Bloomberg's growth brings it into the No. 3 spot among market data vendors, a rank previously held by Quick Corp.--which recorded revenues of just over $410 million in 1993.

Reuters and Dow Jones Telerate, of course, have long held the first and second positions, respectively, in the list of data vendors. But Telerate ought not rest too c

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