Pearson Posts Flat Nine-Month Revenue, CFO to Step Down

British education and media group Pearson (PSON.L) posted flat underlying revenue for the nine months to end-September, a result it said showed the company was performing competitively in difficult markets. Analysts at Citi were expecting underlying revenue to fall by about 1 percent. It also said its chief financial officer, Robin Freestone, would step down by the end of next year after 10 years with the company in order to explore other interests.