Morning Movers: COMSCORE, Inc. (NASDAQ:SCOR), Kofax Ltd(NASDAQ:KFX)


COMSCORE, Inc. (NASDAQ:SCOR), which provides on-demand digital analytics solutions, reported quarterly revenue of $76.9 million; GAAP loss before income taxes of $0.7 million; and GAAP net loss of $0.8 million, or $0.02 per basic and diluted share.

Non-GAAP earnings were $0.30 per share. The Street expected earnings of $0.22 per share on $76.4 million in revenue, according to Capital IQ estimates.

Analysts have a consensus price target of $30.78 on COMSCORE, Inc. (NASDAQ:SCOR) which indicates a 10% upside. The consensus rating of the stock is a Buy with a score of 2.50. There are currently 4 Buy ratings on the stock and 4 hold ratings.

A recent analyst action consisted of Brean Capital initiating coverage on the stock with a Buy rating and $40 price target on March 20th.

Kofax Ltd (NASDAQ:KFX) reported fiscal Q3 adjusted earnings that slipped one cent from a year ago amid growth in revenues and forecast continued growth for fiscal 2014.

The smart process application software provider said earnings in the quarter ended March 31 said adjusted diluted earnings fell to $0.05 per share from $0.06 the year earlier. Total revenue in the quarter rose to $70.7 million from $64.3 million the year earlier. No analyst estimates were available for comparison.

On an unadjusted basis, the company’s loss narrowed to $54,000 or a breakeven per diluted share from $329,000 or a loss of $0.01 the year earlier. Looking ahead, Kofax said that on an IFRS basis, total revenues are expected to grow in the mid to high single digits in fiscal 2014, and in the low double digits on a non-IFRS basis.

KFX closed lower 1.9% and added back 0.5% in after-hours trading on Monday. The stock is trading in the upper half of the 52-week range between $4.70 and $9.06. It was inactive in recent pre-market trade.

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