Reuters Enterprise Revenues Drop in Q3

VENDOR UPDATE

LONDON—Reuters revenues for its Enterprise product group, which includes sales related to the Reuters Market Data System (RMDS), showed a 6 percent decline for Q3 2004, officials at the vendor say.

In particular, Reuters reports that outright sales for the first nine months of 2004 have dropped from £61 million ($111 million) in 2003 to £45 million ($82 million). Overall, Enterprise revenue for the first nine months, which amounts to 20 percent of total revenue for the quarter, was £115 million (

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