Earnings: comScore Revs Up 34 Percent; Net Income Soars
Shares of internet measurement firm comScore (NSDQ: SCOR) are spiking hours after the company reported another very healthy quarter. Excluding the impact of the M:Metrics acquisition, revenue was up 34 percent to $27.8 million and adjusted income more than doubled to $2.57 million ($.09 per share). Including M:Metrics, revenue was up 38 percent and EPS would have been $.06 per share. Meanwhile the company is still winning customers, netting 64 in the quarter, bringing its total to 1,013. International revenue is still small at $4.1 million, but it grew at a 75 percent clip, and accounts for for 14 percent of the total. With M:Metrics factored in, the company is calling for revenue of $119-$120 million, a few million ahead of current estimates.

Comments (1)
Jul 31, 2008 5:41 PM
Wow. Jupiter gets sold at a basement price while comScore shoots up! Mental note on management at these two places.