Needham & Company Suspends Rating on comScore (SCOR)

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Go back to Needham & Company Suspends Rating on comScore (SCOR)

comScore (SCOR) Sinks on 10-K Delay, Accounting Review, Suspended Share Buyback Plan

March 7, 2016 10:03 AM EST

comScore (NASDAQ: SCOR) is down 31% early Monday after the company announced that it is delaying the filing of its Annual Report on Form 10-K for the year ended December 31, 2015.

On February 19, 2016, the Audit Committee of comScores Board of Directors received a message regarding certain potential accounting matters. In response, the Audit Committee immediately commenced a review of the matters with the assistance of independent counsel and advisors. On February 29, 2016, comScore filed a Form 12b-25, Notification of Late Filing, with... More