comScore Reports Another Record Quarter

Digital measurement specialist comScore has reported its highest quarterly revenue to date, up 21% on the prior year period to $69.9m.

For the second quarter, comScore achieved GAAP income before income taxes (which included a $1.2m gain related to the settlement of litigation) of $0.9m; and GAAP net loss of $398k, compared with a loss of $6.59m last year.

For the third quarter, comScore is projecting GAAP revenue in the range of $69.5m to $73.5m, and GAAP loss before income taxes in the range of $3.6m to $1.9m. For the full year 2013, the company is anticipating non-GAAP pro forma revenue in the range of $280.5m to $287.5m, and non-GAAP pro forma profit/loss before income taxes of between -$4.1m and +$1.0m.

President and CEO Dr Magid Abraham (pictured) comments: 'In the second half of 2013 we will remain focused on extending comScore's leadership position in campaign measurement, capitalizing on Digital Analytix momentum, and continuing to drive improvement in margins and free cash flow. We believe that we are well-positioned to deliver strong results in 2013 and beyond.'

Web site: www.comscore.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.

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