EmptyBUY BOOSTS COMSCORE
ComScore shares rose 5.4% on Thursday to $24.68 after the Internet data analysis company said it paid $44.3 million in cash plus options for M:Metrics — a move analysts said gives the company a leg up in the mobile Internet measurement market. ComScore said late Wednesday that it bought M:Metrics, and Deutsche Bank analyst Jeetil Patel predicted that the acquisition will be a "significant positive contributor by 2009."
Film a Highlight in Q1
Revenue of Swiss-based Highlight Communications declined in the first quarter to 135 million Swiss francs ($130.42 million), down from 157 million Swiss francs in the same period a year ago. However, the EBITDA increased 20.2% to 10.1 million Swiss francs ($9.7 million). The positive effect was influenced by the good performance of the film business unit.
EM SPORTS Q1 SLOWS
Germany's EM Sports Media Group reported a weaker first quarter, with sales revenue down 5.1% to €51.8 million ($80.8 million) compared with the same period a year ago. The group reported net losses of €4.6 million ($7.2 million), down from a profit of €3.1 million a year ago. The result was affected by a valuation based on options.