Comscore Q2 net loss $44.9M on $44.1M goodwill impairment; revenue up 2.5% to $93.7M

COMSCORE, INC.

2023-Q2 EPS reported -$0.65 revenue$185,242,000

Net loss of $44.9M vs $5.1M in Q2 2022; includes $44.1M non-cash goodwill impairment and $4.1M restructuring.
Revenue $93.7M, up 2.5% YoY; Digital Ad Solutions +2.0%, Cross Platform Solutions +3.1%.
Adjusted EBITDA $8.8M (9.4% margin) vs $6.5M (7.1%); FX adjusted EBITDA $9.0M vs $4.0M.
Full-year revenue guidance refined to low single-digit growth; double-digit EBITDA margin reaffirmed.
CEO cites strength in Proximic activation and double-digit local TV growth.

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