comScore, Inc. (SCOR) reported its fourth quarter net income $20.37 million or $0.67 per share, compared to $12.75 million or $0.42 per share in the same period last year.
Non-GAAP adjusted net income for the quarter was $5.46 million or $0.18 per share, compared to $6.43 million or $0.21 per share in the previous year period.
On average, eleven analysts polled by Thomson Reuters expected the company to report earnings of $0.04 per share for the quarter. Analysts' estimate typically excludes special items.
Revenues for the quarter increased 25% to $31.59 million from $25.27 million in the corresponding period last year. Ten analysts had consensus revenue estimate of $32.53 million for the quarter.
Looking ahead, the company anticipates non-GAAP earnings for the first quarter of 2009 to be in the range of $2.6 million to $3.1 million, or $0.09 to $0.10 per share. GAAP net income is expected to be between $0.2 million and $0.5 million, or $0.01 to $0.02 per share. The company is forecasting first quarter revenue in the range of $30.3 million to $30.8 million.
Analysts expect the company to report earnings of $0.08 per share on revenue of $33.38 million for the first quarter.
For the full year of 2009, in a challenging and highly uncertain economic environment, comScore anticipates revenue to grow about 15% over full year 2008. Analysts expect the company to report revenue of $142.96 million for the year 2009.
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