Earnings: comScore Ekes Out Profit; Subscription Growth Solid

imageMeasurement firm comScore (NSDQ: SCOR) said that weak macroeconomic conditions were cutting into its project-based revenue as customers looked for ways to cut costs, but that its subscription revenue remained strong, with its contract renewal rate remaining at more than 90 percent on a dollar basis.

ComScore posted net income of $0.3 million ($0.01 per share), down 89 percent from the $2.5 million ($0.08 per share) recorded during the same period a year ago. Much of that fall was attributed to a higher tax rate during the quarter. Revenue for comScore

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