earnings
confidence high
sentiment negative
materiality 0.75
Comscore Q3 net loss $60.6M on $88.5M revenue; goodwill impairment $63M
COMSCORE, INC.
2024-Q3 EPS reported
-$15.33
revenue$261,111,000
- Revenue $88.5M, down 2.8% YoY; cross-platform revenue grew 33.5%.
- Net loss of $60.6M vs net income of $2.6M in Q3 2023 due to $63M non-cash goodwill impairment.
- Adjusted EBITDA $10.1M vs $13.4M; FX-adjusted EBITDA $12.4M vs $12.3M.
- Loss per share $(12.79) vs $(0.34); refinanced credit facility maturity extended to Jan 2025.
- FY2024 revenue guidance tightened to $351-355M; adjusted EBITDA margin at least 10% reaffirmed.