Earnings: comScore Revs Up 34 Percent; Net Income Soars
This story was written by Joseph Weisenthal.
Shares of internet measurement firm comScore (NSDQ: SCOR) are spiking after 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. Including M:Metrics, revenue was up 38 percent. Excluding M:Metrics, adjusted income more than doubled to $2.57 million ($.09 per share). With M:Metrics, EPS would have been $.06 per share. Meanwhile the company is still winning customers, netting 64 in the quarter, bringing its total 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.
By Joseph Weisenthal