secwatch.observer — SEC 8-K summary
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Issuer:     COMSCORE, INC. (SCOR)
CIK:        0001158172
Form:       8-K
Filed at:   2023-02-28T23:59:59+00:00
Accession:  0001158172-23-000010
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Comscore reports FY 2022 revenue $376.4M (+2.6%), adjusted EBITDA $37M (+16.1%); net loss widens to $66.6M
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- Q4 revenue $98.2M (+1.8% YoY); net income $0.1M vs $2.9M; adjusted EBITDA $12.0M vs $12.4M.
- FY revenue $376.4M (+2.6%); net loss $66.6M vs $50.0M including $46.3M goodwill impairment; adjusted EBITDA $37.0M (+16.1%).
- Credit agreement amended: higher EBITDA and asset coverage covenants, minimum liquidity covenant, SOFR loan rate increased to 3.50%.
- Board reduces director compensation by 26% annualized, including >30% cut in equity awards, effective March 1, 2023.
- 2023 outlook: low-to-mid single-digit revenue growth over 2022; double-digit adjusted EBITDA margin expected.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1158172/000115817223000010/0001158172-23-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1158172/000115817223000010/scor-20230222.htm
  HTML page:      https://secwatch.observer/filing/0001158172-23-000010

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