ComScore rises 20% on Q2 revenue growth
ComScore Inc. (Nasdaq:SCOR) has gained 20% today after reporting after Thursday’s close its second-quarter net income and revenue had grown. For the quarter ended June 30, revenue was $28.8 million, up about 38% from a year go. GAAP net income was $1.7 million, or $0.06 a share, compared with $1.24 million, or break-even per share, for the same quarter a year ago.
“This quarter we posted the highest levels of revenue and profitability in the company's history, exceeding our guidance in all respects for our base comScore business, which excludes the results of M:Metrics,” said Magid Abraham, president and CEO. "Our marketplace momentum continues with strong new business and growth among existing clients.”
At 10:43 a.m. ET, shares are at $22.84, up $3.76 from Thursday’s close. Shares of the Reston, Va.-based company have ranged from $17.31 to $42 during the past year.
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