Reuters Segments Products, Announces Q3 Numbers

ORGANIZATION & STRATEGY

Reuters emphasized its segmented product strategy during last week’s revenue results call, describing it as a way to better compete against lower-priced products. It also revealed that both total and recurring revenues were down, although the latter figure was ahead of forecasts.

During one of the analyst calls, CEO Tom Glocer announced that Reuters is grouping all of its information and transaction products into four families: Reuters Power Station, which consists of top of the line product

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