earnings
confidence high
sentiment negative
materiality 0.70
Comscore Q3 revenue flat YoY; net loss $52.4M on $46.3M goodwill impairment
COMSCORE, INC.
2022-Q3 EPS reported
-$0.85
revenue$278,183,000
- Revenue $92.8M (flat YoY); Cross Platform Solutions +14% to $40.4M, Digital Ad Solutions -8.2% to $52.4M.
- Net loss $52.4M vs $2.0M income in Q3 2021; includes $46.3M non-cash goodwill impairment and $5.8M restructuring.
- Adjusted EBITDA $11.7M (+4% YoY); margin 12.6% vs 12.2% year ago.
- FY 2022 revenue growth guidance lowered to low single digits; adj. EBITDA margin reaffirmed above 9%.
- Launched Comscore TV Pulse; entered currency partnerships with Dentsu and Fox; expanded Scripps contract.