comScore Defies Low Expectations

Reston-based comScore, Inc. (NASDAQ: SCOR), kept with tradition as in previous quarters to report a net loss for the third quarter ended September 30, 2011.

comScore is a provider of digital statistics based on data accumulated on the web. The company continued a net loss of $3.9 million or $-0.12 per basic and diluted share which increased from the net loss of $2.1 million in the same time last year. The average analyst estimate for the net loss was $-0.25 cents per share, the company missed the high estimate of $-0.07 cents per share.

Revenues rose to $58.8 million in the third quarter 2011, in the third quarter 2010 comScore reported revenues of $45.7 million. There too it beat the average analyst estimate of $58.40 million and the high estimate of $58.58 million although by a small margin.

Guidance for the fourth quarter is expected to be about the same with GAAP revenue of $63.1 million to $63.7 million and GAAP (loss) before income taxes of $-0.5 million to $-1.1 million.

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