April 30, 2010, 3:11 PM

Web measurement firm comScore registers 18% growth in first quarter

ComScore Inc., which measures traffic to web sites and mobile devices, reported 18.0% growth in its first quarter revenue and raised its revenue guidance for the year to a range of 24% to 28% from 21% to 25%.

ComScore Inc., which measures traffic to web sites and mobile devices, reported 18.0% growth in its first quarter revenue and raised its revenue guidance for the year to a range of 24% to 28% from 21% to 25%.

For the first quarter, comScore reported:

  • Revenue of $36.1 million, a first quarter record, and an increase of 18.0% from $30.6 million in the first quarter of last year.
  • Net income of $200,000, versus $300,000 in the year-ago quarter.
  • A net gain of 76 new customers, including 13 from its acquisition of ARSgroup, an advertising measurement company.

“We are delighted by an all-around strong quarter, which we attribute to an improved industry environment, as well as a continued strengthening in our market position,” says Magid Abraham, comScore's president and CEO. “We anticipate this to continue in the second quarter and the full year."

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