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Why comScore Stock Popped Today

TheMotleyFool

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Shares of comScore (NASDAQ: SCOR) have popped today, up by 20% as of 12:20 p.m. EST, after the company reported fourth-quarter earnings results. The analytics specialist beat bottom-line expectations, guided 2020 revenue above Wall Street's best guesses, and announced a major new business deal.

Revenue in the fourth quarter came in at $95.2 million, which translated into a net loss of $21.4 million, or $0.31 per share. The consensus estimate called for $0.34 per share in red ink. Adjusted EBITDA was $5.5 million, and comScore finished the quarter with $66.8 million in cash on the balance sheet.

Image source: comScore.

Source Fool.com

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