Earnings: comScore Posts Lower Profits; Higher Q4 Revs Miss Earlier Projections

This story was written by David Kaplan.
Although companies would seem more dependent on metrics, that hasn't helped comScore (NSDQ: SCOR) on the profit front. Audience measurement firm comScore non-GAAP net income shrink 15 percent in Q4 to $5.5 million. All in all, it was a pretty good year for comScore, as Full-year 2008 revenue grew 35 percent over 2007 to $117.4 million. Full year adjusted net income was up 36 percent.  And while the company's revenues soared a healthy 25 percent to $31.6 million, that number still missed comScore's previous guidance. On the international side, comScore says it was hurt by the stronger U.S. dollar.  More to come

By David Kaplan