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Investor releaseQuarter not tagged2026-08-19

Comscore (SCOR) Q2 2026 Earnings Call Transcript

Motley Fool
Image source: The Motley Fool. Wednesday, Aug. 12, 2026 at 5 p.m. ET Chief Executive Officer - Matthew McLaughlin Chief Financial Officer - Mary Margaret Curry Chief of Staff - Kevin Burns Operator: Good day and thank you for standing by. Welcome to the Comscore second quarter 2026 financial results conference call. [Operator Instructions] Please be advised, today's conference is being recorded. I would like to turn the conference over to your speaker today, Kevin Burns, Chief of Staff. Please go ahead. Kevin Burns: Before we begin our prepared remarks, I'd like to remind all of you that the following discussion contains forward-looking statements. These forward-looking statements include comments about our plans, expectations, and prospects, and are based on our view as of today, August 12, 2026. Our actual results in future periods may differ materially from those currently expected because of a number of risks and uncertainties. These risks and uncertainties include those outlined in our 10-K, 10-Q, other filings with the SEC, which you can find on our website or at www.sec.gov. We disclaim any duty or obligation to update our forward-looking statements to reflect new information after today's call. Please note that we will be referring to slides on this call which are available on our website, www.comscore.com, under Investor Relations, Events and Presentations. I'll now turn the call over to Comscore's Chief Executive Officer, Matt McLaughlin. Matt? Matthew McLaughlin: Thank you, Kevin, and thank you, everyone, for joining us this afternoon. We closed the quarter in a far better structural position than we began, highlighted by the elimination of $40 million in long-term debt, which freed up roughly $7 million in related annual interest and principal payments. These critical actions were made possible through the sale of our Movies business in late May, and in turn provide us with improved financial flexibility that allows us to refocus on our core strengths to drive growth. Since joining as CEO in June, I've spent significant time evaluating our business, our product portfolio, and our organizational structure. Our Q2 performance, with revenue of $79 million and adjusted EBITDA of $1.3 million, made clear that we need to make change with urgency. Comscore has tremendous assets, long-standing client relationships, and real value in the market. But, but…Read full document

Image source: The Motley Fool. Wednesday, Aug. 12, 2026 at 5 p.m. ET Chief Executive Officer - Matthew McLaughlin Chief Financial Officer - Mary Margaret Curry Chief of Staff - Kevin Burns Operator: Good day and thank you for standing by. Welcome to the Comscore second quarter 2026 financial results conference call. [Operator Instructions] Please be advised, today's conference is being recorded. I would like to turn the conference over to your speaker today, Kevin Burns, Chief of Staff. Please go ahead. Kevin Burns: Before we begin our prepared remarks, I'd like to remind all of you that the following discussion contains forward-looking statements. These forward-looking statements include comments about our plans, expectations, and prospects, and are based on our view as of today, August 12, 2026. Our actual results in future periods may differ materially from those currently expected because of a number of risks and uncertainties. These risks and uncertainties include those outlined in our 10-K, 10-Q, other filings with the SEC, which you can find on our website or at www.sec.gov. We disclaim any duty or obligation to update our forward-looking statements to reflect new information after today's call. Please note that we will be referring to slides on this call which are available on our website, www.comscore.com, under Investor Relations, Events and Presentations. I'll now turn the call over to Comscore's Chief Executive Officer, Matt McLaughlin. Matt? Matthew McLaughlin: Thank you, Kevin, and thank you, everyone, for joining us this afternoon. We closed the quarter in a far better structural position than we began, highlighted by the elimination of $40 million in long-term debt, which freed up roughly $7 million in related annual interest and principal payments. These critical actions were made possible through the sale of our Movies business in late May, and in turn provide us with improved financial flexibility that allows us to refocus on our core strengths to drive growth. Since joining as CEO in June, I've spent significant time evaluating our business, our product portfolio, and our organizational structure. Our Q2 performance, with revenue of $79 million and adjusted EBITDA of $1.3 million, made clear that we need to make change with urgency. Comscore has tremendous assets, long-standing client relationships, and real value in the market. But, but we are not yet organized or operating in the way required to fully leverage that value. Simply put, we must do better. That is why yesterday we announced our new ROI strategy and operating model, a plan to realign the business, optimize how we operate, and invest in future growth. Before we can move forward, we need to be clear about where Comscore is strong, where we're underperforming, and where we have the greatest opportunity to create value. Our strengths are real, unique data assets and intelligence algorithms, client relationships built over decades, and a trusted position as an independent measurement partner across channels. The opportunity is also concrete. Expanding our activation footprint across enterprise buying platforms, strengthening our publisher and advertiser digital intelligence products with AI and creator metrics, and capitalizing on the strength of our local TV product to win market share are all clear dimensions where we can grow. At the same time, we need to acknowledge the issues that have held us back. Our cost structure does not match the realities of the business today. Established business lines face secular pressure as consumer media consumption changes. Newer products have not yet achieved the scale we need, and our organizational alignment has eliminated our ability to capitalize on the many strengths we already have. The issue is not effort. The issue is focus, accountability, scalability and investment capacity. Those internal challenges are being compounded by a media market that is changing quickly. linear TV remains a critical foundation while consumer behavior evolves across streaming, digital, and other environments. AI is lowering barriers to entry and changing how intent is expressed and how content is consumed. Client consolidation and platform-owned measurement are increasing the pressure on the way we've historically operated. Collectively, these dynamics make urgency important, but they also increase the value of an independent company that can help customers understand audiences, content, and advertising exposure across a complex ecosystem. In my first 2 months as CEO, I spent significant time with leaders across the company to understand how we were operating. As we looked across the business, a clear pattern emerged, one that was less about any single decision and had more to do with the cumulative of how business challenges were being addressed. The operating model was built for a bigger -- for a business larger than the one we currently operate. And the market backdrop adds to it. Our largest fixed data expense supports a linear TV business facing well-understood secular pressure. So our biggest non-personnel cost sits against our most challenged revenue. The operating pattern that emerged to address these challenges in the current period was to trim expenses or prioritize near-term revenue opportunities. Both worked in the moment, but neither mechanism produced positive compounding impact. Pursuing revenue broadly rather than strategically spread our capacity across many complex opportunities, markets, and products with limited opportunity to scale. Trimming expenses to protect the current operating cycle reduced investments that would improve our long-term outlook. Each cycle closed the immediate gap, but it left Comscore with more complexity and less capacity to grow, which brought the gap back around in a future cycle. The most encouraging part is that this pattern doesn't impact our core strengths. Our data assets, our client relationships, and our position in the measurement market remains genuinely strong. This is an operating model issue, and that's something we can address and is exactly what the strategic realignment is built around. As we move through the second half of 2026, we need to change the definition of success at Comscore. We are not going to try to capture every opportunity simply because it is available to us. Even good opportunities will compete for resources. We need a lower, more flexible cost base, clearer accountability, simpler internal and external operations, a stronger product development mindset, and a disciplined approach to reallocating investment toward the areas that can create durable, long-term value. As you saw in our press release yesterday, we are unveiling our ROI strategy to address the issues of the past, capitalize on our strengths, and rebuild Comscore for long-term growth. Our strategy moving forward is centered on 3 principles. realign the business around a more flexible cost base, clear accountability, and a culture focused on delivering commercial success. Optimize how we operate by streamlining legacy activities, improving economics, and shifting towards scalable product development. And invest in future growth by directing capacity toward the largest opportunities that can drive long-term success. These changes are not only about organizational structure. They are about how we make decisions, how we prioritize opportunities and how we allocate scarce resources. Going forward, good ideas will still need to compete for those resources. Our mindset has to change from can we do this to generate revenue to should we do this as part of a strategy to create long-term success. This will be our new operating model. First, we must realign the business around a lower and more flexible cost base, clear accountability, and a culture focused on execution. Our cost structure is not aligned with the business we are today or the business we need to become. We have taken difficult but necessary steps, including recent headcount reductions and are pursuing additional initiatives to reduce complexity, improve efficiency, and rationalize our international commercial footprint. As we look forward, we need to strengthen our operating culture around efficiency, urgency, accountability, and ownership. We need teams to move together rather than optimizing only within their individual functions. This is not about asking fewer people to do the same work. It's about changing what work earns resources and how the organization works together to create value. That requires clearer organizational focus and accountability. We need better portfolio discipline, a stronger product-led strategy, and clearer commercial accountability in order to deliver customer value and operational sustainability. Revenue matters, but revenue alone is not enough. The most successful opportunities will create long-term value for customers and for Comscore and our investors over time. The next phase of our plan is to optimize the organization by simplifying how we operate internally and externally and by adopting a more strategic product development mindset. We've spent many years building our reputation in technology and linear TV measurement, and it remains an important channel for customers. Every day we gain more insights about its intersection with digital exposure. We continue to strongly believe in our local TV opportunity, but the market is under pressure and we must bring our costs to deliver TV services in line with that reality. That means streamlining legacy business costs, aligning data costs with current business value and strategic opportunity and sunsetting expensive and underused features. It also means enhancing our profitability profile in those legacy businesses by improving pricing and packaging so the economics of what we deliver are sustainable. As we move forward, we will set new value standards for contracting, customization, and servicing and scale through improved enablement efficiencies. Beyond enhancing our traditional activities, we also need to reset how we develop products. Historically, we have too often built bespoke or difficult to replicate solutions that solved a specific problem for an individual use case, but did not scale across customers. Going forward, the standard is disciplined excellence, high-quality work delivered in a way the business can sustain, reuse, and build upon over time. Finally, as we expand the capacity created by realignment and optimization, we will invest in future growth. That includes our people, custom systems, and technology. And it also includes the largest product and market opportunities where Comscore's data foundation and independence can create meaningful value. To execute, we need compensation, incentives, culture, and talent aligned with the skills required by that strategy. And we need infrastructure and systems that reduce cost, complexity and operational friction. Beyond investment in our teams and systems, it is critical that our organization takes a long-term, growth-focused mindset in everything we do. AI is a major example. Consumer usage of AI tools is becoming a new expression of interest and intent. Comscore has a unique opportunity to understand that behavior through our opt-in digital panel. By observing real usage, prompts and responses, and sources, we can help publishers and advertisers understand how intent is forming and how discovery is changing. Creator media is another significant opportunity. Creator content is commanding audiences that increasingly rival the largest distribution channels. And advertisers need to understand how those audiences fit alongside linear, CTV, and other channels. Comscore can help make creator media more plannable by demonstrating the unique value of creator audiences and enabling advertisers to evaluate their media plan with a creator-focused lens. Third, expanding activation through Proximic is critical to our future growth. We have an opportunity to broaden where Comscore data is available across buying workflows and to connect planning, activation, and measurement more effectively. When combined with digital intelligence, this can support a more closed-loop approach to these activities in the largest digital buying platforms. Taken together, these opportunities show why our transformation matters. We are not changing for the sake of change. We are changing so that Comscore can focus its resources on opportunities with the potential to create meaningful long-term value for customers, employees, and shareholders. Okay. I would now like to turn the call over to Comscore's Chief Financial Officer, Mary Margaret Curry, to discuss our second quarter financial results and the expected financial impact of our ROI strategy. Mary Curry: Thank you, Matt. Total revenue for the second quarter was $79.2 million, down 11.3% from the second quarter of 2025. On a pro forma basis, excluding revenue from our recently divested Movies business in both periods. Total revenue for the second quarter was $73 million, down $6.8 million, or 8.5%, from $79.8 million in the second quarter of last year. At a more granular level, Content & Ad Measurement revenue of $67.8 million was down 11.7% from the prior year quarter, driven by declines in both our Syndicated Audience and Cross-Platform offerings. Syndicated Audience revenue of $55.2 million was down 13.6% from the year-ago quarter, driven largely by the divestiture of our Movies business, along with lower renewals in our national TV and syndicated digital offerings. Local TV also contributed to the decline, primarily due to a large one-time deliverable recognized in the second quarter of last year. Cross-Platform revenue of $12.5 million was down 2.1% compared to the year-ago quarter, driven by lower usage of our Proximic products, partially offset by growth from new business and our Comscore content measurement offering. Research & Insight Solutions revenue of $11.5 million was down 9.2% from the second quarter of 2025, primarily due to lower renewals and the timing of certain deliveries. Adjusted EBITDA for the second quarter was $1.3 million, down 85% from $8.9 million in the prior year quarter, resulting in an adjusted EBITDA margin of 1.7% versus 10% last year. Our core operating expenses for the second quarter were $87.9 million, down 2.8% compared to the prior year quarter, primarily driven by lower employee compensation costs, which were partially offset by an increase in professional fees related to the Movies divestiture. The Movies business, while non-core to Comscore's go-forward strategy, operated at a healthy margin and contributed to our adjusted EBITDA and cash flow results. In addition, the largest costs on our P&L are our data costs and employee compensation costs, both of which are somewhat fixed in nature. As a result, any underperformance on the top line has a disproportionate impact on the bottom line. The mismatch between revenue and costs, along with the Movies divestiture, have put additional pressure on our adjusted EBITDA margin and cash flow generation, which are currently challenged. This is one of the many reasons why we've moved with speed to implement the ROI strategy, including the actions that were taken yesterday. As Matt said earlier, these results are not where we want them to be and are not a reflection of what this organization is capable of. So, for the balance of the year, we will be keenly focused on executing our transformational ROI strategy and will work to build a lasting foundation for value creation. The first step in the transformation was yesterday's implementation of the realignment plan, which we expect to generate between $20 million and $25 million in annual run rate cost savings upon completion. The one-time costs associated with the plan, primarily related to severance and other employee-related costs are estimated to range between $7 million and $9 million, with the bulk of the costs expected to be paid by year-end. We plan to use a portion of these savings to hire key leaders that are critical to the ROI strategy, invest more meaningfully in our continuing employees, and fund other transformational initiatives. Given the divestiture of our Movies business and the significant transformation we are undertaking, we do not anticipate near-term growth. Our outlook for the full year, 2026, now calls for revenue to be between $315 million and $325 million, with an adjusted EBITDA margin in the low to mid-single digits. We expect to enter 2027 with a leaner, more flexible cost model that will allow us to stabilize our business and plan for future growth. We look forward to sharing our progress on these initiatives later this fall during our third quarter earnings call. With that, I'll turn the call back over to Matt. Matthew McLaughlin: Thank you, Mary Margaret. I'd like to quickly summarize and reiterate why we are taking such aggressive action now. Comscore is at a critical juncture. We need to make significant changes to how we operate in order to drive sustainable long-term growth. We are acting quickly, but not hastily. The ROI strategy is designed to give us a simple operating framework, a lower and more flexible cost base, improved organizational focus and execution culture, simplified operations, a more balanced portfolio approach to our stage-diverse opportunities, strategic product development mindset that guides our daily work, and a collective approach that drives long-term enterprise contribution. We are well positioned to connect linear and digital content audiences and ad exposures through cross-channel intelligence that drives channel-level utility. The value of Comscore is not in measuring individual media channels. It is in combining all channels so we can derive intelligence from modern media consumption and then deliver the data and utility that customer workflows require. I'm pleased to see that some of the initial steps taken to focus the organization prior to establishing the ROI strategy are showing early but meaningful signs of progress. New technical leadership and team alignment has delivered meaningful progress on our next generation audience measurement solution, which is long desired by the largest broadcast and buying enterprises. The solution is a large-scale data-driven platform. It combines real viewing behavior from millions of televisions with enhanced U.S. population modeling to provide more consistent national and local measurement across today's fragmented TV ecosystem. With our renewed focus and leadership, we are on track to begin testing this solution with some of our largest strategic TV opportunities this year. Shifting to AI, new senior product management has organized disparate initiatives and validated them to identify the best strategies for Comscore's rich AI data. One of the clearest opportunities identified by this alignment exercise is in the emerging market of AEO, answer engine optimization, and generative engine optimization. AEO and GEO solutions help brands understand the visibility, citations and sentiment included in large language model responses. Today's platforms leverage synthetic prompts and the associated responses in order to derive these insights. Comscore can enhance their intelligence by licensing the real-world consumer prompt and response information collected from our opt-in digital panel. Our data often has meaningful differences from computer-generated LLM activity because it accounts for actual consumer prompt behavior. The LLM response is crafted with respect to the cumulative totality of the user's interactions. We have validated the utility of our AI data for this use case with some of the leading AEO and GEO firms. We developed a commercial strategy for this value and have initiated negotiations with several of the leading AEO and GEO firms. These early actions and seeds of progress as a result of focus, alignment, and strategic product thinking are demonstrative of the broader success we expect to deliver as a result of implementing the ROI strategy across all of Comscore. Despite the breadth of the changes we announced yesterday and today, our mission remains unchanged. We will set the standard for modern measurement. We can derive incredible intelligence from our comprehensive cross-channel media measurement and deliver substantial value to customers across the ecosystem by making it available to them within their existing and emerging workflows. A more focused, more disciplined, and more scalable Comscore is how we will create durable value from applying our existing assets to our modern measurement mission. I'm excited to lead Comscore through this next phase. We will continue to share progress against our transformation plan in the coming quarters, and we appreciate your support as we execute against the opportunity ahead. I would now like to turn the call over to the operator to open the line for questions. Operator: [Operator Instructions] Our first question comes from Jason Kreyer with Craig-Hallum. Thomas Guyer: This is Thomas on for Jason. Maybe first, can you talk about what's changing the trajectory of the top line performance? I know you touched on it a little bit, but specifically with Cross-Platform, where results changed pretty dramatically from last quarter. I'm kind of just trying to understand if there's a way any customer attrition occurred in the quarter, something like that. Matthew McLaughlin: Yes, I think it's -- thanks for joining the call. I think there is no one thing that we've identified related to this. I think we've all seen in the market sort of some of the noise around the activation space. Some of our biggest, the platforms that we're in have had similar results, which again, refocuses our attention on ensuring that we have our solutions in a diverse set of enterprise platforms so that the impact of any one platform doesn't dramatically impact our results. But I think it's really a combination of a variety of things that has led to the results that you're seeing. Okay. Thomas Guyer: Thank you. That makes sense. Maybe a follow-up on that. On the new product you mentioned, could you just walk us through what the new measurement solution will do differently for customers versus what's currently in the portfolio, both in its underlying methodology and maybe some insights it delivers, and maybe as testing with the larger TV opportunity called out, kind of progress through the year, what customer feedback or validation would support a broader commercial rollout of that? Matthew McLaughlin: Yes, so when we're talking about local TV ratings, or the new more flexible system, I think the benefit to customers is in the comprehensiveness of the solution, how many local markets it covers, and the alignment of a common methodology that uses our broad TV data measurement to produce local results that then roll up to accurate national results as well. So it's that combination of local measurement coverage in the number of markets and also the direct alignment with our national ratings that our customers are most excited about. Thomas Guyer: Sure. Maybe last one for me. What are the key milestones you think investors should be expecting to see over the next 2 or 3 quarters to demonstrate the strategic investments and portfolio changes that are hoping to translate into durable revenue growth and profitability? Matthew McLaughlin: Yes, I think over the next 2 to 3 quarters we're looking to execute this strategy and to see and to see just greater number of success around some of our initiatives, like we mentioned with local TV and AI. And I think we'll begin to see -- we will have a narrow focus on those opportunities that we are talking about between local TV, activation, expansion, creator, and AI. We will continue to see progress and enhance commercial activity in those areas. I think as Mary Margaret talked about, as we enter 2027, we will see the full impact of the reduced expense -- operating expenses and that will create additional flexibility in how and where we invest. Operator: And I'm not showing any further questions at this time. And as such, this does conclude today's presentation. We thank you for your participation. You may now disconnect and have a wonderful day. 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This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Comscore (SCOR) Q2 2026 Earnings Call Transcript was originally published by The Motley Fool

Investor releaseQuarter not tagged2026-08-13

comScore Q2 Earnings Call Highlights

MarketBeat
Interested in comScore, Inc.? Here are five stocks we like better. Q2 performance weakened sharply: Revenue fell 11.3% year over year to $79.2 million, while adjusted EBITDA dropped 85% to $1.3 million. Declines were driven by lower syndicated audience, cross-platform and research revenue, as well as the Movies divestiture. Comscore launched its “ROI” restructuring plan—realign, optimize and invest—to simplify operations and reduce costs. The company expects $20 million to $25 million in annual run-rate savings, with $7 million to $9 million in one-time restructuring costs. Growth prospects are focused on local TV, AI, creator media and Proximic activation. Comscore expects no near-term growth and forecasts 2026 revenue of $315 million to $325 million with an adjusted EBITDA margin in the low- to mid-single digits, while targeting a leaner cost structure entering 2027. comScore (NASDAQ:SCOR) reported second-quarter revenue declines and a sharp reduction in adjusted EBITDA as the media measurement company unveiled a restructuring plan aimed at lowering costs, simplifying operations and concentrating investment on selected growth opportunities. Chief Executive Officer Matt McLaughlin, who joined the company in June, said Comscore exited the quarter in a stronger structural financial position after selling its Movies business in late May. The transaction eliminated $40 million of long-term debt and freed approximately $7 million of annual interest and principal payments, according to McLaughlin. → SoundHound AI Sends a Loud Signal After Its Q2 Earnings Beat However, he said the company’s second-quarter results underscored the need for more urgent changes. Comscore recorded revenue of $79.2 million and adjusted EBITDA of $1.3 million during the period. McLaughlin said the company has valuable data assets, longstanding client relationships and a recognized role as an independent measurement provider, but is not organized or operating in a way that fully leverages those strengths. Total second-quarter revenue fell 11.3% from a year earlier. On a pro forma basis excluding Movies business revenue from both periods, revenue was $73 million, down $6.8 million, or 8.5%, from $79.8 million in the second quarter of 2025, Chief Financial Officer Mary Margaret Curry said. Content and ad measurement revenue totaled $67.8 million, down 11.7% year over year. Syndicated audien…Read full document

Interested in comScore, Inc.? Here are five stocks we like better. Q2 performance weakened sharply: Revenue fell 11.3% year over year to $79.2 million, while adjusted EBITDA dropped 85% to $1.3 million. Declines were driven by lower syndicated audience, cross-platform and research revenue, as well as the Movies divestiture. Comscore launched its “ROI” restructuring plan—realign, optimize and invest—to simplify operations and reduce costs. The company expects $20 million to $25 million in annual run-rate savings, with $7 million to $9 million in one-time restructuring costs. Growth prospects are focused on local TV, AI, creator media and Proximic activation. Comscore expects no near-term growth and forecasts 2026 revenue of $315 million to $325 million with an adjusted EBITDA margin in the low- to mid-single digits, while targeting a leaner cost structure entering 2027. comScore (NASDAQ:SCOR) reported second-quarter revenue declines and a sharp reduction in adjusted EBITDA as the media measurement company unveiled a restructuring plan aimed at lowering costs, simplifying operations and concentrating investment on selected growth opportunities. Chief Executive Officer Matt McLaughlin, who joined the company in June, said Comscore exited the quarter in a stronger structural financial position after selling its Movies business in late May. The transaction eliminated $40 million of long-term debt and freed approximately $7 million of annual interest and principal payments, according to McLaughlin. → SoundHound AI Sends a Loud Signal After Its Q2 Earnings Beat However, he said the company’s second-quarter results underscored the need for more urgent changes. Comscore recorded revenue of $79.2 million and adjusted EBITDA of $1.3 million during the period. McLaughlin said the company has valuable data assets, longstanding client relationships and a recognized role as an independent measurement provider, but is not organized or operating in a way that fully leverages those strengths. Total second-quarter revenue fell 11.3% from a year earlier. On a pro forma basis excluding Movies business revenue from both periods, revenue was $73 million, down $6.8 million, or 8.5%, from $79.8 million in the second quarter of 2025, Chief Financial Officer Mary Margaret Curry said. Content and ad measurement revenue totaled $67.8 million, down 11.7% year over year. Syndicated audience revenue declined 13.6% to $55.2 million, reflecting the Movies divestiture, lower renewals in national TV and syndicated digital offerings, and the absence of a large one-time local TV deliverable recognized in the prior-year period. Cross-platform revenue decreased 2.1% to $12.5 million, as lower Proximic product usage was partly offset by new business in Comscore Content Measurement. Research and Insight Solutions revenue fell 9.2% to $11.5 million, primarily due to lower renewals and the timing of certain deliveries. → AST SpaceMobile Earnings Just Reminded Investors How Risky Space Can Be Adjusted EBITDA fell 85% to $1.3 million from $8.9 million a year earlier, producing an adjusted EBITDA margin of 1.7%, compared with 10% in the prior-year quarter. Core operating expenses decreased 2.8% to $87.9 million, mainly due to lower employee compensation costs, partly offset by professional fees associated with the Movies divestiture. Curry said the divested Movies business had generated healthy margins and contributed to adjusted EBITDA and cash flow. She added that Comscore’s data and employee compensation costs are relatively fixed, meaning weaker revenue can have a disproportionate impact on profitability and cash generation. → First Solar’s Profit Engine Faces a New Policy Test in Washington Management introduced an “ROI” strategy, standing for realign, optimize and invest. The plan is intended to establish a more flexible cost structure, clearer accountability and a more selective approach to product development and commercial opportunities. McLaughlin said Comscore’s existing operating model had been built for a larger business and that its biggest fixed data expense supports a linear TV business facing secular pressure. He said the company had often responded to challenges by broadly pursuing near-term revenue opportunities or trimming expenses, approaches that addressed immediate issues but increased complexity and limited capacity for longer-term investment. The company has taken headcount-reduction actions and plans further steps to reduce complexity, improve efficiency and rationalize its international commercial footprint. Curry said the realignment plan is expected to produce annual run-rate cost savings of $20 million to $25 million once complete. One-time costs, mainly severance and employee-related expenses, are expected to total $7 million to $9 million, with most of those costs paid by year-end. Comscore expects to use part of the savings to hire key leaders, invest in continuing employees and fund other transformation initiatives. Management said it intends to streamline legacy business costs, align data costs with current business value, discontinue expensive and underused features, and improve pricing and packaging in legacy offerings. McLaughlin identified local TV, artificial intelligence-related data products, creator media measurement and expanded Proximic activation as the company’s principal growth areas. He said Comscore is developing a next-generation audience measurement platform that combines viewing behavior from millions of televisions with enhanced U.S. population modeling. The company expects to begin testing the solution this year with some of its largest strategic TV opportunities. Management said customers are particularly interested in the solution’s local-market coverage and its alignment between local and national ratings methodologies. In AI, McLaughlin said Comscore sees an opportunity to license real-world consumer prompt and response data from its opt-in digital panel to answer engine optimization and generative engine optimization providers. He said the company has validated the utility of its data with several leading firms in those markets and has initiated negotiations with several potential partners. The company also plans to pursue measurement products for creator media, which McLaughlin said is attracting audiences that increasingly rival large distribution channels. In addition, Comscore aims to broaden the availability of Proximic data across enterprise buying workflows and more closely connect planning, activation and measurement. Given the Movies divestiture and the transformation underway, Curry said Comscore does not anticipate near-term growth. The company now expects full-year 2026 revenue of $315 million to $325 million and an adjusted EBITDA margin in the low- to mid-single digits. Management expects to enter 2027 with a leaner and more flexible cost model. McLaughlin said investors should look for continued commercial progress in local TV, activation expansion, creator media and AI over the next several quarters, while the full benefit of lower operating expenses is expected to become more apparent in 2027. comScore, Inc is a global media measurement and analytics company that specializes in delivering insights into consumer behavior across digital, television and theatrical platforms. Founded in 1999 and headquartered in Reston, Virginia, comScore provides data-driven solutions designed to help media companies, advertisers and agencies understand audience engagement and optimize marketing strategies. The company's analytics offerings enable clients to measure the reach and impact of online content, mobile applications, streaming video, and traditional broadcast media with a unified data view. The company's product suite includes Digital Analytix for website and app analytics, Media Metrix for audience measurement, Advertising Analytics for campaign performance tracking, Video Metrix for streaming and online video insights, and theatrical measurement services for box office analytics. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "comScore Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for August 2026.

Investor releaseQuarter not tagged2026-08-13

comScore, Inc. Q2 2026 Earnings Call Summary

Moby
Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Management identified a structural mismatch where the largest fixed data expenses support the linear TV business, which faces significant secular pressure and challenged revenue. The new CEO characterized previous management cycles as 'trimming expenses' to meet immediate gaps, which inadvertently increased complexity and reduced long-term investment capacity. Performance was impacted by a shift in consumer media consumption toward streaming and digital, alongside increased pressure from platform-owned measurement and client consolidation. The 'ROI Strategy' marks a pivot from pursuing all available revenue to a disciplined focus on scalable products, moving away from bespoke, difficult-to-replicate solutions. Strategic positioning is being refocused on 'independent measurement' across a fragmented ecosystem, leveraging the company's opt-in digital panel as a unique data asset. Operational underperformance in Q2 was attributed to lower renewals in national TV and syndicated digital offerings, compounded by the divestiture of the high-margin Movies business. The company expects to generate $20 million to $25 million in annual run-rate cost savings through headcount reductions and rationalizing the international commercial footprint. Management does not anticipate near-term growth for the balance of 2026, focusing instead on stabilizing the business to enter 2027 with a leaner, more flexible cost model. Future growth investments are prioritized in three areas: expanding the Proximic activation footprint, developing creator media metrics, and licensing real-world consumer prompt data for AI 'Answer Engine Optimization'. Testing for a next-generation audience measurement solution, which aligns local and national TV data, is scheduled to begin with large strategic TV partners later this year. Full-year 2026 guidance assumes revenue between $315 million and $325 million, with adjusted EBITDA margins remaining in the low to mid-single digits. The divestiture of the Movies business in May 2026 eliminated $40 million in long-term debt but removed a healthy margin contributor, pressuring current EBITDA results. One-time restructuring costs related to the ROI Strategy are estimated between $7 million and $9 million, pr…Read full document

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Management identified a structural mismatch where the largest fixed data expenses support the linear TV business, which faces significant secular pressure and challenged revenue. The new CEO characterized previous management cycles as 'trimming expenses' to meet immediate gaps, which inadvertently increased complexity and reduced long-term investment capacity. Performance was impacted by a shift in consumer media consumption toward streaming and digital, alongside increased pressure from platform-owned measurement and client consolidation. The 'ROI Strategy' marks a pivot from pursuing all available revenue to a disciplined focus on scalable products, moving away from bespoke, difficult-to-replicate solutions. Strategic positioning is being refocused on 'independent measurement' across a fragmented ecosystem, leveraging the company's opt-in digital panel as a unique data asset. Operational underperformance in Q2 was attributed to lower renewals in national TV and syndicated digital offerings, compounded by the divestiture of the high-margin Movies business. The company expects to generate $20 million to $25 million in annual run-rate cost savings through headcount reductions and rationalizing the international commercial footprint. Management does not anticipate near-term growth for the balance of 2026, focusing instead on stabilizing the business to enter 2027 with a leaner, more flexible cost model. Future growth investments are prioritized in three areas: expanding the Proximic activation footprint, developing creator media metrics, and licensing real-world consumer prompt data for AI 'Answer Engine Optimization'. Testing for a next-generation audience measurement solution, which aligns local and national TV data, is scheduled to begin with large strategic TV partners later this year. Full-year 2026 guidance assumes revenue between $315 million and $325 million, with adjusted EBITDA margins remaining in the low to mid-single digits. The divestiture of the Movies business in May 2026 eliminated $40 million in long-term debt but removed a healthy margin contributor, pressuring current EBITDA results. One-time restructuring costs related to the ROI Strategy are estimated between $7 million and $9 million, primarily for severance, with most payments expected by year-end. Management flagged 'secular pressure' on linear TV and 'noise' in the activation space as ongoing headwinds affecting the legacy portfolio. A large one-time deliverable in the prior year created a difficult year-over-year comparison for the Local TV segment in Q2. One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here. Management attributed the decline to broader market volatility in the activation space and lower usage of Proximic products. The strategy to mitigate this involves diversifying the presence of Comscore data across a wider set of enterprise buying platforms to reduce dependency on any single partner. The new solution provides a common methodology that rolls up broad TV measurement into consistent local and national results across millions of televisions. Management emphasized that the comprehensiveness of market coverage is the primary driver of excitement among large broadcast and buying enterprises. Success will be measured by enhanced commercial activity in the specific focus areas of local TV, activation, creator metrics, and AI data licensing. The full financial impact of reduced operating expenses is expected to be visible as the company enters 2027, providing capital for further strategic reinvestment.

Investor releaseQuarter not tagged2026-08-13

comScore Inc (SCOR) (Q2 2026) Earnings Call Highlights: Strategic Realignment and Debt ...

GuruFocus.com
This article first appeared on GuruFocus. Total Revenue: $79.2 million in Q2 2026, down 11.3% year-over-year. Pro Forma Revenue (ex-Movies): $73 million, down 8.5% from $79.8 million in Q2 2025. Content & Ad Measurement Revenue: $67.8 million, down 11.7% from the prior-year quarter. Syndicated Audience Revenue: $55.2 million, down 13.6% year-over-year. Cross-Platform Revenue: $12.5 million, down 2.1% compared to Q2 2025. Research & Insight Solutions Revenue: $11.5 million, down 9.2% from Q2 2025. Adjusted EBITDA: $1.3 million, down 85% from $8.9 million in the prior-year quarter. Adjusted EBITDA Margin: 1.7% versus 10% in Q2 2025. Core Operating Expenses: $87.9 million, down 2.8% year-over-year. Debt Reduction: Eliminated $40 million in long-term debt, freeing up roughly $7 million in annual interest and principal payments. Cost Savings Plan: Expects $20 million to $25 million in annual run-rate cost savings from the realignment plan. One-Time Restructuring Costs: Estimated between $7 million and $9 million, primarily for severance. Full-Year 2026 Revenue Outlook: Between $315 million and $325 million. Full-Year 2026 Adjusted EBITDA Margin Outlook: Low- to mid-single digits. Warning! GuruFocus has detected 6 Warning Signs with SCOR. Is SCOR fairly valued? Test your thesis with our free DCF calculator. Release Date: August 12, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Eliminated $40 million in long-term debt, freeing up roughly $7 million in annual interest and principal payments. Announced a new ROI strategy and operating model to realign the business, optimize operations, and invest in future growth. Expected annual run-rate cost savings of $20 million to $25 million from the realignment plan. Progress on next-generation audience-measurement solution, with testing expected to begin with large TV opportunities this year. Validated AI data utility for AEO and GEO solutions, initiating negotiations with leading firms. Q2 revenue declined 11.3% year-over-year to $79.2 million, with pro forma revenue down 8.5%. Adjusted EBITDA dropped 85% to $1.3 million, with margin falling to 1.7% from 10%. Cost structure is misaligned with current business realities, with fixed data and employee costs pressuring margins. No near-term growth anticipated due to the Movies divestiture and ongoing transformation. Cro…Read full document

This article first appeared on GuruFocus. Total Revenue: $79.2 million in Q2 2026, down 11.3% year-over-year. Pro Forma Revenue (ex-Movies): $73 million, down 8.5% from $79.8 million in Q2 2025. Content & Ad Measurement Revenue: $67.8 million, down 11.7% from the prior-year quarter. Syndicated Audience Revenue: $55.2 million, down 13.6% year-over-year. Cross-Platform Revenue: $12.5 million, down 2.1% compared to Q2 2025. Research & Insight Solutions Revenue: $11.5 million, down 9.2% from Q2 2025. Adjusted EBITDA: $1.3 million, down 85% from $8.9 million in the prior-year quarter. Adjusted EBITDA Margin: 1.7% versus 10% in Q2 2025. Core Operating Expenses: $87.9 million, down 2.8% year-over-year. Debt Reduction: Eliminated $40 million in long-term debt, freeing up roughly $7 million in annual interest and principal payments. Cost Savings Plan: Expects $20 million to $25 million in annual run-rate cost savings from the realignment plan. One-Time Restructuring Costs: Estimated between $7 million and $9 million, primarily for severance. Full-Year 2026 Revenue Outlook: Between $315 million and $325 million. Full-Year 2026 Adjusted EBITDA Margin Outlook: Low- to mid-single digits. Warning! GuruFocus has detected 6 Warning Signs with SCOR. Is SCOR fairly valued? Test your thesis with our free DCF calculator. Release Date: August 12, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Eliminated $40 million in long-term debt, freeing up roughly $7 million in annual interest and principal payments. Announced a new ROI strategy and operating model to realign the business, optimize operations, and invest in future growth. Expected annual run-rate cost savings of $20 million to $25 million from the realignment plan. Progress on next-generation audience-measurement solution, with testing expected to begin with large TV opportunities this year. Validated AI data utility for AEO and GEO solutions, initiating negotiations with leading firms. Q2 revenue declined 11.3% year-over-year to $79.2 million, with pro forma revenue down 8.5%. Adjusted EBITDA dropped 85% to $1.3 million, with margin falling to 1.7% from 10%. Cost structure is misaligned with current business realities, with fixed data and employee costs pressuring margins. No near-term growth anticipated due to the Movies divestiture and ongoing transformation. Cross-platform revenue declined 2.1% due to lower Proximic usage, reflecting broader market challenges. Q: Can you talk about what's changing the trajectory of the top-line performance, specifically with cross-platform, as results changed pretty dramatically from last quarter? Was there any customer attrition in the quarter?A: Matt McLaughlin (CEO): There is no one single thing we've identified. We've seen noise in the activation space, and some of the largest platforms we operate in have had similar results. This refocuses our attention on ensuring our solutions are available across a diverse set of enterprise platforms so the impact of any one platform doesn't dramatically affect our results. It's a combination of various factors that led to the current results. Q: What will the new measurement solution do differently for customers versus what's currently in the portfolio, both in methodology and insight, and what customer feedback would support a broader commercial rollout?A: Matt McLaughlin (CEO): The benefit to customers is in the comprehensiveness of the solution, including how many local markets it covers and the alignment of a common methodology. It uses our broad TV-data measurement to produce local results that roll up to accurate national results. The combination of local-measurement coverage and direct alignment with our national ratings is what customers are most excited about. Q: What are the key milestones investors should expect over the next two or three quarters to demonstrate that strategic investments and portfolio changes are translating into durable revenue growth and profitability?A: Matt McLaughlin (CEO): Over the next two to three quarters, we aim to execute the strategy and see greater success around initiatives like local TV and AI. We will have a narrow focus on opportunities in local TV, activation expansion, creator, and AI, and expect to see enhanced commercial activity in those areas. As we enter 2027, we will see the full impact of reduced operating expenses, which will create additional flexibility in how and where we invest. For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Investor releaseQuarter not tagged2026-08-12

ComScore: Q2 Earnings Snapshot

Associated Press

RESTON, Va. (AP) — RESTON, Va. (AP) — ComScore Inc. (SCOR) on Wednesday reported a loss of $14.8 million in its second quarter. On a per-share basis, the Reston, Virginia-based company said it had a loss of 97 cents. Losses, adjusted to extinguish debt and for non-recurring costs, were 55 cents per share. The online research firm posted revenue of $79.2 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SCOR at https://www.zacks.com/ap/SCOR

Investor releaseQuarter not tagged2026-08-12

Comscore Reports Second Quarter 2026 Results

GlobeNewswire
Completed Sale of Movies Business Enabling Full Repayment of Senior Debt Announced Transformational ROI Strategy to Realign, Optimize and Grow the Business RESTON, Va., Aug. 12, 2026 (GLOBE NEWSWIRE) -- Comscore, Inc. (Nasdaq: SCOR), a trusted partner for planning, transacting and evaluating media across platforms, today reported financial results for the quarter ended June 30, 2026. "The second quarter was hallmarked by the completion of several critical actions necessary to further stabilize our core business and improve our balance sheet, including the sale of the legacy Movies business, as well as the elimination of $40 million in long-term debt," said Matt McLaughlin, CEO of Comscore. "However, our top- and bottom-line results for the quarter were not acceptable, reinforcing the urgency with which we are taking action to realign our priorities." Mr. McLaughlin continued, "In my first 60 days as CEO, we moved expeditiously to build upon the strengthened balance sheet and reimagine how we operate. Yesterday, we launched a transformational ROI-based operating model designed to realign our business and corporate culture, optimize our operations and product development, and focus our future investment to drive long-term sustainable growth and establish Comscore as the standard for modern measurement. There are significant opportunities in front of us, including launching new and enhanced products, closing multimillion-dollar deals in local TV, expanding our Proximic footprint, and delivering AI and Creator solutions. Our enhanced operating model will better position us to deliver value for our customers, employees, and shareholders." Business and Financial Highlights Revenue for the second quarter was $79.2 million compared to $89.4 million in Q2 2025, including $6.2 million and $9.6 million of revenue from the now-divested Movies business, respectively Net loss of $14.8 million compared to $9.5 million in Q2 2025, partially due to loss on divestiture of business and loss on extinguishment of debt Adjusted EBITDA1 of $1.3 million compared to $8.9 million in Q2 2025 Closed and completed the divestiture of the Movies business for an aggregate base purchase price of $70.0 million in cash, subject to customary adjustments and other terms set forth in the purchase agreement. Full repayment of $40.1 million outstanding obligations under the senior secured credit f…Read full document

Completed Sale of Movies Business Enabling Full Repayment of Senior Debt Announced Transformational ROI Strategy to Realign, Optimize and Grow the Business RESTON, Va., Aug. 12, 2026 (GLOBE NEWSWIRE) -- Comscore, Inc. (Nasdaq: SCOR), a trusted partner for planning, transacting and evaluating media across platforms, today reported financial results for the quarter ended June 30, 2026. "The second quarter was hallmarked by the completion of several critical actions necessary to further stabilize our core business and improve our balance sheet, including the sale of the legacy Movies business, as well as the elimination of $40 million in long-term debt," said Matt McLaughlin, CEO of Comscore. "However, our top- and bottom-line results for the quarter were not acceptable, reinforcing the urgency with which we are taking action to realign our priorities." Mr. McLaughlin continued, "In my first 60 days as CEO, we moved expeditiously to build upon the strengthened balance sheet and reimagine how we operate. Yesterday, we launched a transformational ROI-based operating model designed to realign our business and corporate culture, optimize our operations and product development, and focus our future investment to drive long-term sustainable growth and establish Comscore as the standard for modern measurement. There are significant opportunities in front of us, including launching new and enhanced products, closing multimillion-dollar deals in local TV, expanding our Proximic footprint, and delivering AI and Creator solutions. Our enhanced operating model will better position us to deliver value for our customers, employees, and shareholders." Business and Financial Highlights Revenue for the second quarter was $79.2 million compared to $89.4 million in Q2 2025, including $6.2 million and $9.6 million of revenue from the now-divested Movies business, respectively Net loss of $14.8 million compared to $9.5 million in Q2 2025, partially due to loss on divestiture of business and loss on extinguishment of debt Adjusted EBITDA1 of $1.3 million compared to $8.9 million in Q2 2025 Closed and completed the divestiture of the Movies business for an aggregate base purchase price of $70.0 million in cash, subject to customary adjustments and other terms set forth in the purchase agreement. Full repayment of $40.1 million outstanding obligations under the senior secured credit facility Full year 2026 outlook for revenue to range between $315 and $325 million Second Quarter Summary Results Revenue in the second quarter was $79.2 million, down 11.3% from $89.4 million in the second quarter of 2025. Content & Ad Measurement revenue decreased 11.7% compared to the prior-year quarter due to lower Syndicated Audience revenue, primarily related to the divestiture of the Movies business, as well as lower performance in national TV, local TV and syndicated digital products. Cross-Platform revenue decreased 2.1% from the prior-year period, primarily driven by lower usage in Proximic, partially offset by growth from new business in CCM. Research & Insight Solutions revenue decreased 9.2% from the prior-year period, primarily due to lower renewals and lower deliveries of certain custom digital products. Core operating expenses, which include cost of revenues, sales and marketing, research and development and general and administrative expenses, were $87.9 million for the quarter, down 2.8% compared to $90.4 million in the second quarter of last year, primarily due to lower employee compensation costs, partially offset by higher professional fees related to the divestiture of the Movies business. Net loss for the quarter was $14.8 million compared to $9.5 million in the prior-year period, resulting in net loss margins of 18.7% and 10.6% of revenue, respectively. Loss per share attributable to common shares was $(0.97) for the second quarter of 2026. After accounting for dividends on the Company's then-outstanding Series B convertible preferred stock, loss per share attributable to common shares was $(2.73) for the second quarter of 2025. Non-GAAP adjusted EBITDA for the quarter was $1.3 million, compared to $8.9 million in the prior-year period, resulting in adjusted EBITDA margins of 1.7% and 10.0%, respectively. Beginning in the third quarter of 2025 (and for comparable prior periods), the Company modified its adjusted EBITDA metric to exclude certain costs related to its consideration of strategic alternatives. As revised, adjusted EBITDA and adjusted EBITDA margin exclude depreciation and amortization, net interest expense, income taxes, impairment charges, stock-based compensation expense, transformation costs, restructuring costs, strategic transaction costs, gain/loss from foreign currency transactions, loss on extinguishment of debt, loss on divestiture of business, and other items as presented in the accompanying tables. __________________________ 1 Adjusted EBITDA and adjusted EBITDA margin are non-GAAP measures defined in the "Second Quarter Summary Results" section and are reconciled to net income (loss) and net income (loss) margin in the addendum of this release. Balance Sheet and Liquidity As of June 30, 2026, cash, cash equivalents and restricted cash totaled $28.7 million, including $3.0 million in restricted cash. On May 27, 2026, the Company used a portion of proceeds from the divestiture of the Movies business to repay in full all outstanding obligations under its senior secured credit facility. The repayment totaled approximately $40.1 million and resulted in the termination of the term loan, revolving facility, security interests and all other obligations under the Company's senior secured financing agreement with Blue Torch Finance LLC. As of June 30, 2026, the Company's remaining debt obligations consisted of outstanding principal on finance leases related to equipment purchases. 2026 Outlook Mary Margaret Curry, Comscore's Chief Financial Officer, concluded, "As we move through the second half of the year, under Matt's leadership, we will execute against our new ROI operating model and will work to build a lasting foundation for value creation. We expect that market-share opportunities in our established businesses, combined with revenue from our targeted product expansion, will help us overcome any non-strategic revenue impacts that may occur in the future. However, given the divestiture of our Movies business and the significant transformation we are undertaking, we do not anticipate near-term growth. As a result, our outlook for the full year 2026 calls for revenue to be between $315 and $325 million, with an adjusted EBITDA margin in the low-to-mid single digits. As we announced yesterday, we expect to generate between $20 and $25 million in annual run-rate cost savings from our realignment plan, some of which will be used to hire key leaders that are critical to our strategy, invest in our continuing employees, and fund other transformational initiatives. We expect to enter 2027 with a leaner, more flexible cost model that allows us to stabilize our business and plan for future growth." The Company does not provide GAAP net income (loss) or net income (loss) margin on a forward-looking basis because it is unable to predict with reasonable certainty its future stock-based compensation expense, fair value adjustments, litigation and restructuring expense, strategic transaction costs, foreign currency transaction impact, and any unusual gains or losses without unreasonable effort. These items are uncertain, depend on various factors, and could be material to results computed in accordance with GAAP. For this reason, the Company is unable without unreasonable effort to provide a reconciliation of adjusted EBITDA or adjusted EBITDA margin to the most directly comparable GAAP measure, GAAP net income (loss) and net income (loss) margin, on a forward-looking basis. Conference Call Information for Today, Wednesday, August 12, 2026 at 5:00 p.m. ET Management will host a conference call to discuss the results on Wednesday, August 12, 2026 at 5:00 p.m. ET. The live audio webcast along with supplemental information will be accessible at ir.comscore.com/events-presentations. Participants can obtain dial-in information by registering for the call at the same web address and are advised to register in advance of the call to avoid delays. Following the conference call, a replay will be available via webcast at ir.comscore.com/events-presentations. About Comscore Comscore is a global, trusted partner for planning, transacting and evaluating media across platforms. With an unmatched data footprint that combines digital, linear TV and over-the-top viewership intelligence with advanced audience insights, Comscore empowers media buyers and sellers to quantify their multiscreen behavior and make meaningful business decisions with confidence. A proven leader in measuring digital and TV audiences and advertising at scale, Comscore is the industry's emerging, third-party source for reliable and comprehensive cross-platform measurement. Cautionary Note Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of federal and state securities laws, including, without limitation, the Company's expectations, forecasts, plans and opinions regarding future value creation; the timing, scope and impact of the Company's realignment plan and ROI-based operating model; the amount and potential use of expected cost savings from the realignment plan; future growth opportunities; product launches and potential commercial deals; the impact of the Movies divestiture and loss of other non-strategic revenue; and full year 2026 revenue and adjusted EBITDA performance. These statements involve risks and uncertainties that could cause actual events to differ materially from expectations, including, but not limited to, impediments to the Company's ability to execute the plan as currently contemplated, higher-than-expected costs to implement the plan, changes to the assumptions upon which the estimated charges and savings are based, unintended consequences from the plan that could negatively impact the Company's business or strategy, cash flow and liquidity challenges related to plan implementation and the loss of non-strategic revenue, changes in the Company's business and customer relationships, external market conditions, and the Company's ability to achieve its expected strategic, financial and operational plans. For additional discussion of risk factors, please refer to the Company's Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and other filings that the Company makes from time to time with the U.S. Securities and Exchange Commission (the "SEC"), which are available on the SEC's website (www.sec.gov). Investors are cautioned not to place undue reliance on the Company's forward-looking statements, which speak only as of the date such statements are made. Except as required by law, the Company does not intend or undertake, and expressly disclaims any duty or obligation, to publicly update any forward-looking statements to reflect events, circumstances or new information after the date of this press release or to reflect the occurrence of unanticipated events. Use of Non-GAAP Financial Measures To provide investors with additional information regarding the Company's financial results, the Company is disclosing in this press release adjusted EBITDA and adjusted EBITDA margin, which are non-GAAP financial measures used by management to understand and evaluate the Company's core operating performance and trends. Management believes that these non-GAAP financial measures provide useful information to investors and others in understanding and evaluating the Company's operating results, as they permit investors to view core business performance using the same metrics that management uses to evaluate performance. Nevertheless, the Company's use of these non-GAAP financial measures has limitations as an analytical tool, and investors should not consider these measures in isolation or as a substitute for analysis of the Company's results as reported under GAAP. Instead, investors should consider these measures alongside GAAP-based financial performance measures, net income (loss), net income (loss) margin, various cash flow metrics, and the Company's other GAAP financial results. Set forth below are reconciliations of these non-GAAP financial measures to their most directly comparable GAAP financial measures, net income (loss) and net income (loss) margin. These reconciliations should be carefully evaluated. MediaMarie ScoutasComscore, Inc.(917) [email protected] InvestorsJackie Marcus or Nick NelsonAlpha IR Group(617) [email protected] Reconciliation of Non-GAAP Financial Measures The following table presents a reconciliation of GAAP net loss and net loss margin to non-GAAP adjusted EBITDA and adjusted EBITDA margin for each of the periods identified: (1) Strategic transaction costs represent third-party professional fees and other charges incurred in connection with strategic transactions, including mergers, acquisitions, financings and dispositions, regardless of whether consummated, which the Company otherwise would not have incurred as part of its normal business operations.(2) Transformation costs represent (1) expenses incurred prior to formal launch of identified strategic projects with anticipated long-term benefits to the Company, generally relating to third-party professional fees and non-capitalizable technology costs tied directly to the identified projects and (2) severance costs associated with the reorganization of teams in connection with the identified projects.(3) Net loss margin is calculated by dividing net loss by revenues reported on the Condensed Consolidated Statements of Operations and Comprehensive Loss for the applicable period.(4) Non-GAAP adjusted EBITDA margin is calculated by dividing adjusted EBITDA by revenues reported on the Condensed Consolidated Statements of Operations and Comprehensive Loss for the applicable period. Revenues Revenues from the Company's offerings of products and services are as follows:

TranscriptFY2026 Q22026-08-12

FY2026 Q2 earnings call transcript

Earnings source - 37 paragraphs
Operator

Please be advised today's conference is being recorded. I would like to turn the conference over to your speaker today, Kevin Burns, Chief of Staff. Please go ahead.

Kevin Burns

Before we begin our prepared remarks, I would like to remind all of you that the following discussion contains forward-looking statements. These forward-looking statements include comments about our plans, expectations, and prospects, and are based on our view as of today, August 12, 2026. Our actual results in future periods may differ materially from those currently expected because of a number of risks and uncertainties. These risks and uncertainties include those outlined in our 10-K, 10-Q, and other filings with the SEC, which you can find on our website or at www.sec.gov. We disclaim any duty or obligation to update our forward-looking statements to reflect new information after today's call. Please note that we will be referring to slides on this call, which are available on our website, www.comscore.com, under investor relations, events, and presentations. I will now turn the call over to Comscore's Chief Executive Officer, Matt McLaughlin. Matt?

Matt McLaughlin

Thank you, Kevin, and thank you, everyone, for joining us this afternoon. We closed the quarter in a far better structural position than we began, highlighted by the elimination of $40 million in long-term debt, which freed up roughly $7 million in related annual interest and principal payments. These critical actions were made possible through the sale of our Movies business in late May, and in turn provide us with improved financial flexibility that allows us to refocus on our core strengths to drive growth. Since joining as CEO in June, I have spent significant time evaluating our business, our product portfolio, and our organizational structure. Our Q2 performance, with revenue of $79 million and adjusted EBITDA of $1.3 million, made clear that we need to make change with urgency. Comscore has tremendous assets, longstanding client relationships, and real value in the market.

Matt McLaughlin

We are not yet organized or operating in the way required to fully leverage that value. Simply put, we must do better. That is why yesterday we announced our new ROI strategy and operating model, a plan to realign the business, optimize how we operate, and invest in future growth. Before we can move forward, we need to be clear about where Comscore is strong, where we are underperforming, and where we have the greatest opportunity to create value. Our strengths are real. Unique data assets and intelligence algorithms, client relationships built over decades, and a trusted position as an independent measurement partner across channels. The opportunity is also concrete.

Matt McLaughlin

Expanding our activation footprint across enterprise buying platforms, strengthening our publisher and advertiser digital intelligence products with AI and creator metrics, and capitalizing on the strength of our local TV product to win market share are all clear dimensions where we can grow. At the same time, we need to acknowledge the issues that have held us back. Our cost structure does not match the realities of the business today. Established business lines face secular pressure as consumer media consumption changes. Newer products have not yet achieved the scale we need, and our organizational alignment has eliminated our ability to capitalize on the many strengths we already have. The issue is not effort. The issue is focus, accountability, scalability, and investment capacity. Those internal challenges are being compounded by a media market that is changing quickly.

Matt McLaughlin

Linear TV remains a critical foundation while consumer behavior evolves across streaming, digital, and other environments. AI is lowering barriers to entry and changing how intent is expressed and how content is consumed. Client consolidation and platform-owned measurement are increasing the pressure on the way we've historically operated. Collectively, these dynamics make urgency important, but they also increase the value of an independent company that can help customer understand audiences, content, and advertising exposure across a complex ecosystem. In my first two months as CEO, I spent significant time with leaders across the company to understand how we were operating. As we looked across the business, a clear pattern emerged, one that was less about any single decision and had more to do with the cumulative effect of how business challenges were being addressed.

Matt McLaughlin

The operating model was built for a business larger than the one we currently operate, and the market backdrop adds to it. Our largest fixed data expense supports a linear TV business facing well-understood secular pressure. So our biggest non-personnel cost sits against our most challenged revenue. The operating pattern that emerged to address these challenges in the current period was to trim expenses or prioritize near-term revenue opportunities. Both worked in the moment, but neither mechanism produced positive compounding impact. Pursuing revenue broadly rather than strategically spread our capacity across many complex opportunities, markets, and products with limited opportunity to scale. Trimming expenses to protect the current operating cycle reduced investments that would improve our long-term outlook. Each cycle closed the immediate gap, but it left Comscore with more complexity and less capacity to grow, which brought the gap back around in a future cycle.

Matt McLaughlin

The most encouraging part is that this pattern doesn't impact our core strengths. Our data assets, our client relationships, and our position in the measurement market remains genuinely strong. This is an operating model issue, and that's something we can address and is exactly what the strategic realignment is built around. As we move through the second half of 2026, we need to change the definition of success at Comscore. We are not going to try to capture every opportunity simply because it is available to us. Even good opportunities will compete for resources. We need a lower, more flexible cost base, clearer accountability, simpler internal and external operations, a stronger product development mindset, and a disciplined approach to reallocating investment toward the areas that can create durable long-term value.

Matt McLaughlin

As you saw in our press release yesterday, we are unveiling our ROI strategy to address the issues of the past, capitalize on our strengths, and rebuild Comscore for long-term growth. Our strategy moving forward is centered on three principles. Realign the business around a more flexible cost base, clearer accountability, and a culture focused on delivering commercial success. Optimize how we operate by streamlining legacy activities, improving economics, and shifting towards scalable product development. Invest in future growth by directing capacity toward the largest opportunities that can drive long-term success. These changes are not only about organizational structure. They are about how we make decisions, how we prioritize opportunities, and how we allocate scarce resources. Going forward, good ideas will still need to compete for those resources.

Matt McLaughlin

Our mindset has to change from, "Can we do this to generate revenue?" to "Should we do this as part of a strategy to create long-term success?" This will be our new operating model. First, we must realign the business around a lower and more flexible cost base, clearer accountability, and a culture focused on execution. Our cost structure is not aligned with the business we are today or the business we need to become. We have taken difficult but necessary steps, including recent headcount reductions, and are pursuing additional initiatives to reduce complexity, improve efficiency, and rationalize our international commercial footprint. As we look forward, we need to strengthen our operating culture around efficiency, urgency, accountability, and ownership. We need teams to move together rather than optimizing only within their individual functions. This is not about asking fewer people to do the same work.

Matt McLaughlin

It's about changing what work earns resources and how the organization works together to create value. That requires clearer organizational focus and accountability. We need better portfolio discipline, a stronger product-led strategy, and clearer commercial accountability in order to deliver customer value and operational sustainability. Revenue matters, but revenue alone is not enough. The most successful opportunities will create long-term value for customers and for Comscore and our investors over time. The next phase of our plan is to optimize the organization by simplifying how we operate internally and externally and by adopting a more strategic product development mindset. We've spent many years building our reputation in technology and linear TV measurement, and it remains an important channel for customers. Every day, we gain more insights about its intersection with digital exposure.

Matt McLaughlin

We continue to strongly believe in our local TV opportunity, but the market is under pressure, and we must bring our costs to deliver TV services in line with that reality. That means streamlining legacy business costs, aligning data costs with current business value and strategic opportunity, and sunsetting expensive and underused features. It also means enhancing our profitability profile in those legacy businesses by improving pricing and packaging so the economics of what we deliver are sustainable. As we move forward, we will set new value standards for contracting, customization, and servicing, and scale through improved enablement efficiencies. Beyond enhancing our traditional activities, we also need to reset how we develop products. Historically, we have too often built bespoke or difficult-to-replicate solutions that have solved a specific problem for an individual use case but did not scale across customers. Going forward, the standard is disciplined excellence.

Matt McLaughlin

High-quality work delivered in a way the business can sustain, reuse, and build upon over time. Finally, as we expand the capacity created by realignment and optimization, we will invest in future growth. That includes our people, systems, and technology. It also includes the largest product and market opportunities where Comscore's data foundation and independence can create meaningful value. To execute, we need compensation, incentives, culture, and talent aligned with the skills required by that strategy, and we need infrastructure and systems that reduce cost, complexity, and operational friction. Beyond investment in our teams and systems, it is critical that our organization takes a long-term, growth-focused mindset in everything we do. AI is a major example. Consumer usage of AI tools is becoming a new expression of interest and intent. Comscore has a unique opportunity to understand that behavior through our opt-in digital panel.

Matt McLaughlin

By observing real usage, prompts and responses, and sources, we can help publishers and advertisers understand how intent is forming and how discovery is changing. Creator media is another significant opportunity. Creator content is commanding audiences that increasingly rival the largest distribution channels, and advertisers need to understand how those audiences fit alongside linear, CTV, and other channels. Comscore can help make creator media more plannable by demonstrating the unique value of creator audiences and enabling advertisers to evaluate their media plan with a creator-focused lens. Third, expanding activation through Proximic is critical to our future growth. We have an opportunity to broaden where Comscore data is available across buying workflows and to connect planning, activation, and measurement more effectively. When combined with digital intelligence, this can support a more closed-loop approach to these activities in the largest digital buying platforms. Taken together, these opportunities show why our transformation matters.

Matt McLaughlin

We are not changing for the sake of change. We are changing so that Comscore can focus its resources on opportunities with the potential to create meaningful long-term value for customers, employees, and shareholders. I would now like to turn the call over to Comscore's Chief Financial Officer, Mary Margaret Curry, to discuss our second quarter financial results and the expected financial impact of our ROI strategy.

Mary Margaret Curry

Thank you, Matt. Total revenue for the second quarter was $79.2 million, down 11.3% from the second quarter of 2025. On a pro forma basis, excluding revenue from our recently divested Movies business in both periods, total revenue for the second quarter was $73 million, down $6.8 million or 8.5% from $79.8 million in the second quarter of last year. At a more granular level, content and ad measurement revenue of $67.8 million was down 11.7% from the prior year quarter, driven by declines in both our syndicated audience and cross-platform offerings. Syndicated audience revenue of $55.2 million was down 13.6% from the year-ago quarter, driven largely by the divestiture of our Movies business, along with lower renewals in our national TV and syndicated digital offerings. Local TV also contributed to the decline, primarily due to a large one-time deliverable recognized in the second quarter of last year.

Mary Margaret Curry

Cross-platform revenue of $12.5 million was down 2.1% compared to the year-ago quarter, driven by lower usage of our Proximic products, partially offset by growth from new business in our Comscore Content Measurement offering. Research and Insight Solutions revenue of $11.5 million was down 9.2% from the second quarter of 2025, primarily due to lower renewals and the timing of certain deliveries. Adjusted EBITDA for the second quarter was $1.3 million, down 85% from $8.9 million in the prior year quarter, resulting in an adjusted EBITDA margin of 1.7% versus 10% last year. Our core operating expenses for the second quarter were $87.9 million, down 2.8% compared to the prior year quarter, primarily driven by lower employee compensation costs, which were partially offset by an increase in professional fees related to the Movies divestiture.

Mary Margaret Curry

The Movies business, while non-core to Comscore's go-forward strategy, operated at a healthy margin and contributed to our adjusted EBITDA and cash flow results. In addition, the largest costs on our P&L are our data costs and employee compensation costs, both of which are somewhat fixed in nature. As a result, any underperformance on the top line has a disproportionate impact on the bottom line. The mismatch between revenue and costs, along with the Movies divestiture, have put additional pressure on our adjusted EBITDA margin and cash flow generation, which are currently challenged. This is one of the many reasons why we've moved with speed to implement the ROI strategy, including the actions that were taken yesterday. As Matt said earlier, these results are not where we want them to be and are not a reflection of what this organization is capable of.

Mary Margaret Curry

For the balance of the year, we will be keenly focused on executing our transformational ROI strategy and will work to build a lasting foundation for value creation. The first step in the transformation was yesterday's implementation of the realignment plan, which we expect to generate between $20 million and $25 million in an annual run rate cost savings upon completion. The one-time costs associated with the plan, primarily related to severance and other employee-related costs, are estimated to range between $7 million and $9 million, with the bulk of the costs expected to be paid by year-end. We plan to use a portion of these savings to hire key leaders that are critical to the ROI strategy, invest more meaningfully in our continuing employees, and fund other transformational initiatives. Given the divestiture of our Movies business and the significant transformation we are undertaking, we do not anticipate near-term growth.

Mary Margaret Curry

Our outlook for the full year of 2026 now calls for revenue to be between $315 million and $325 million, with an adjusted EBITDA margin in the low to mid-single digits. We expect to enter 2027 with a leaner, more flexible cost model that will allow us to stabilize our business and plan for future growth. We look forward to sharing our progress on these initiatives later this fall during our third quarter earnings call. With that, I'll turn the call back over to Matt.

Matt McLaughlin

Thank you, Mary Margaret. I would like to quickly summarize and reiterate why we are taking such aggressive action now. Comscore is at a critical juncture. We need to make significant changes to how we operate in order to drive sustainable long-term growth. We are acting quickly, but not hastily. The ROI strategy is designed to give us a simple operating framework, a lower and more flexible cost base, improved organizational focus and execution culture, simplified operations, a more balanced portfolio approach to our stage diverse opportunities, a strategic product development mindset that guides our daily work, and a collective approach that drives long-term enterprise contribution. We are well-positioned to connect linear and digital content audiences and ad exposures through cross-channel intelligence that drives channel-level utility. The value of Comscore is not in measuring individual media channels.

Matt McLaughlin

It is in combining all channels so we could derive intelligence from modern media consumption and then deliver the data and utility that customer workflows require. I am pleased to see that some of the initial steps taken to focus the organization prior to establishing the ROI strategy are showing early but meaningful signs of progress. New technical leadership and team alignment has delivered meaningful progress on our next-generation audience measurement solution, which is long desired by the largest broadcast and buying enterprises. The solution is a large-scale, data-driven platform. It combines real viewing behavior from millions of televisions with enhanced U.S. population modeling to provide more consistent national and local measurement across today's fragmented TV ecosystem. With our renewed focus and leadership, we are on track to begin testing this solution with some of our largest strategic TV opportunities this year.

Matt McLaughlin

Shifting to AI, new senior product management has organized disparate initiatives and validated them to identify the best strategies for Comscore's rich AI data. One of the clearest opportunities identified by this alignment exercise is in the emerging market of answer engine optimization and generative engine optimization. AEO and GEO solutions help brands understand the visibility, citations, and sentiment included in large language model responses. Today's platforms leverage synthetic prompts and the associated responses in order to derive these insights. Comscore can enhance their intelligence by licensing the real-world consumer prompt and response information collected from our opt-in digital panel. Our data often has meaningful differences from computer-generated LLM activity because it accounts for actual consumer prompt behavior, and the LLM response is crafted with respect to the cumulative totality of the user's interactions.

Matt McLaughlin

We have validated the utility of our AI data for this use case with some of the leading AEO and GEO firms. We have developed a commercial strategy for this value and have initiated negotiations with several of the leading AEO and GEO firms. These early actions and seeds of progress as a result of focus, alignment, and strategic product thinking are demonstrative of the broader success we expect to deliver as a result of implementing the ROI strategy across all of Comscore. Despite the breadth of the changes we announced yesterday and today, our mission remains unchanged. We will set the standard for modern measurement. We can derive incredible intelligence from our comprehensive cross-channel media measurement and deliver substantial value to customers across the ecosystem by making it available to them within their existing and emerging workflows.

Matt McLaughlin

A more focused, more disciplined, and more scalable Comscore is how we will create durable value from applying our existing assets to our modern measurement mission. I'm excited to lead Comscore through this next phase. We will continue to share progress against our transformation plan in the coming quarters, and we appreciate your support as we execute against the opportunity ahead. I would now like to turn the call over to the operator to open the line for questions.

Operator

Thank you. Ladies and gentlemen, if you have a question or a comment at this time, please press star one one on your telephone. If your question has been answered and you wish to remove yourself from the queue, please press star one one again. We'll pause for a moment while we compile our Q&A roster. Our first question comes from Jason Kreyer with Craig-Hallum. Your line is open.

Speaker 4

Hey, guys. This is Thomas on for Jason. Thanks for taking my questions. Maybe first, can you talk about what's changing the trajectory of the top-line performance? I know you touched on it a little bit, but specifically with cross-platform, where results changed pretty dramatically from last quarter. I'm kind of just trying to understand if there's any customer attrition occurred in the quarter, something like that.

Matt McLaughlin

Yeah. Thanks for joining the call. I think there is no one thing that we've identified related to this. I think we've all seen in the market some of the noise around the activation space. Some of our biggest, the platforms that we're in, have had similar results, which again, refocuses our attention on ensuring that we have our solutions in a diverse set of enterprise platforms so that the impact of any one platform doesn't dramatically impact our results. But I think it's really a combination of a variety of things that has led to the results that you're seeing.

Speaker 4

Thank you. That makes sense. Maybe a follow-up on that. On the new product you mentioned, could you just walk us through what the new measurement solution will do differently for customers versus what is currently in the portfolio, both in its underlying methodology and maybe some insights it delivers, and maybe as testing with the larger TV opportunity you called out

Matt McLaughlin

Local TV

Speaker 4

kind of progress through the year, what customer feedback or validation would support a broader commercial rollout of that?

Matt McLaughlin

Yeah. So when we are talking about local TV ratings, or the new, more flexible system, I think the benefit to customers is in the comprehensiveness of the solution, how many local markets it covers, and the alignment of a common methodology that uses our broad TV data measurement to produce local results that then roll up to accurate national results as well. So it is that combination of local measurement coverage in the number of markets and also the direct alignment with our national ratings that our customers are most excited about.

Speaker 4

Sure. Maybe last one from me. What are the key milestones you think investors should be expecting to see over the next two or three quarters to demonstrate the strategic investments and portfolio changes that are hoping to translate into durable revenue growth and profitability?

Matt McLaughlin

Yeah. I think over the next two to three quarters, we are looking to execute the strategy and to see just greater number of success around some of our initiatives, like we mentioned with local TV and AI. I think we will begin to see, we will have a narrow focus on those opportunities that we are talking about, between local TV, activation expansion, creator, and AI. We will continue to see progress and enhance commercial activity in those areas. Then I think as Mary Margaret talked about, as we enter 2027, we will see the full impact of the reduced operating expenses, and that will create additional flexibility in how and where we invest.

Speaker 4

Great. Thank you, guys.

Matt McLaughlin

Thank you.

Operator

I am not showing any further questions at this time. As such, this does conclude today's presentation. We thank you for your participation. You may now disconnect, and have a wonderful day.

Investor releaseQuarter not tagged2026-07-29

Comscore to Announce Second Quarter 2026 Financial Results

GlobeNewswire

RESTON, Va., July 29, 2026 (GLOBE NEWSWIRE) -- Comscore, Inc. (Nasdaq: SCOR), a trusted partner for planning, transacting and evaluating media, today announced that it plans to hold a conference call to discuss its financial results for the second quarter ended June 30, 2026, on Wednesday, August 12th at 5:00 p.m. ET. Interested parties may access the conference call via live webcast at https://edge.media-server.com/mmc/p/47veknyc or participate via telephone by registering in advance at https://register-conf.media-server.com/register/BI34b564ea0f714c62bafbceb1d399c28f. Upon registration, all telephone participants will receive the dial-in number along with a unique PIN number that can be used to access the call. Following the conference call, a replay will be available via webcast at https://ir.comscore.com/events-presentations. About ComscoreComscore is a global, trusted partner for planning, transacting and evaluating media across platforms. With an unmatched data footprint that combines digital, linear TV and over-the-top viewership intelligence with advanced audience insights, Comscore empowers media buyers and sellers to quantify their multiscreen behavior and make meaningful business decisions with confidence. A proven leader in measuring digital and TV audiences and advertising at scale, Comscore is the industry’s emerging third-party source for reliable and comprehensive cross-platform measurement. Investors Jackie Marcus or Nick NelsonAlpha IR Group(617) [email protected] Media Marie ScoutasComscore, Inc.(917) [email protected]

Investor releaseQuarter not tagged2026-05-15

Comscore Reports First Quarter 2026 Results

GlobeNewswire
RESTON, Va., May 14, 2026 (GLOBE NEWSWIRE) -- Comscore, Inc. (Nasdaq: SCOR), a trusted partner for planning, transacting and evaluating media across platforms, today reported financial results for the quarter ended March 31, 2026. Business and Financial Highlights Revenue for the first quarter was $85.3 million compared to $85.7 million in Q1 2025 30% growth in cross-platform solutions, driven by Proximic and CCR and continued adoption of our cross-platform content measurement offering Net loss of $6.2 million compared to $4.0 million in Q1 2025 Adjusted EBITDA1 of $5.0 million compared to $7.4 million in Q1 2025 $5.0 million voluntary prepayment of senior secured term loan Investor call to be held on or before May 29th with updates on the business and outlook for 2026 "Our results in the first quarter reflect the ongoing transition of Comscore's business mix, with declines in traditional measurement products offset by growth in cross-platform and Local TV," said Jon Carpenter, CEO of Comscore. "We delivered 30% year-over-year cross-platform revenue growth for the quarter, drawn from both new client wins and expanded relationships with longstanding partners. Further, we announced several new client wins in Local TV, continuing the strong momentum we've had in our core currency offering. Looking forward, I remain bullish on continued cross-platform growth and our efforts toward establishing Comscore as the standard for modern measurement." First Quarter Summary Results Revenue in the first quarter was $85.3 million, down 0.5% from $85.7 million in Q1 2025. Content & Ad Measurement revenue was flat compared to the prior-year quarter, with higher revenue from our cross-platform solutions offset by lower revenue from our syndicated audience offerings (primarily related to national TV and syndicated digital products). Research & Insight Solutions revenue decreased 2.7% from Q1 2025, primarily due to lower deliveries of certain custom digital products. Our core operating expenses, which include cost of revenues, sales and marketing, research and development and general and administrative expenses, were $89.2 million for the quarter, up 2.4% compared to $87.1 million in Q1 2025, primarily due to higher systems and bandwidth costs and professional fees, partially offset by lower data costs. Net loss for the quarter was $6.2 million compared to $4.0 million in Q1 202…Read full document

RESTON, Va., May 14, 2026 (GLOBE NEWSWIRE) -- Comscore, Inc. (Nasdaq: SCOR), a trusted partner for planning, transacting and evaluating media across platforms, today reported financial results for the quarter ended March 31, 2026. Business and Financial Highlights Revenue for the first quarter was $85.3 million compared to $85.7 million in Q1 2025 30% growth in cross-platform solutions, driven by Proximic and CCR and continued adoption of our cross-platform content measurement offering Net loss of $6.2 million compared to $4.0 million in Q1 2025 Adjusted EBITDA1 of $5.0 million compared to $7.4 million in Q1 2025 $5.0 million voluntary prepayment of senior secured term loan Investor call to be held on or before May 29th with updates on the business and outlook for 2026 "Our results in the first quarter reflect the ongoing transition of Comscore's business mix, with declines in traditional measurement products offset by growth in cross-platform and Local TV," said Jon Carpenter, CEO of Comscore. "We delivered 30% year-over-year cross-platform revenue growth for the quarter, drawn from both new client wins and expanded relationships with longstanding partners. Further, we announced several new client wins in Local TV, continuing the strong momentum we've had in our core currency offering. Looking forward, I remain bullish on continued cross-platform growth and our efforts toward establishing Comscore as the standard for modern measurement." First Quarter Summary Results Revenue in the first quarter was $85.3 million, down 0.5% from $85.7 million in Q1 2025. Content & Ad Measurement revenue was flat compared to the prior-year quarter, with higher revenue from our cross-platform solutions offset by lower revenue from our syndicated audience offerings (primarily related to national TV and syndicated digital products). Research & Insight Solutions revenue decreased 2.7% from Q1 2025, primarily due to lower deliveries of certain custom digital products. Our core operating expenses, which include cost of revenues, sales and marketing, research and development and general and administrative expenses, were $89.2 million for the quarter, up 2.4% compared to $87.1 million in Q1 2025, primarily due to higher systems and bandwidth costs and professional fees, partially offset by lower data costs. Net loss for the quarter was $6.2 million compared to $4.0 million in Q1 2025, resulting in net loss margins of 7.3% and 4.7% of revenue, respectively. Loss per share attributable to common shares was $(0.41) for Q1 2026. After accounting for dividends on our then-outstanding Series B convertible preferred stock, loss per share attributable to common shares was $(1.66) for Q1 2025. Non-GAAP adjusted EBITDA for the quarter was $5.0 million, compared to $7.4 million in Q1 2025, resulting in adjusted EBITDA margins of 5.9% and 8.6%, respectively. Beginning in the third quarter of 2025 (and for comparable prior periods), we modified our adjusted EBITDA metric to exclude certain costs related to our consideration of strategic alternatives. As revised, adjusted EBITDA and adjusted EBITDA margin exclude depreciation and amortization, net interest expense, income taxes, impairment charges, stock-based compensation expense, transformation costs, restructuring costs, strategic transaction costs, gain/loss from foreign currency transactions, loss on partial extinguishment of debt, and other items as presented in the accompanying tables. _____________________________ 1 Adjusted EBITDA and adjusted EBITDA margin are non-GAAP measures defined in the "First Quarter Summary Results" section and are reconciled to net income (loss) and net income (loss) margin in the addendum of this release. Balance Sheet and Liquidity As of March 31, 2026, cash, cash equivalents and restricted cash totaled $25.1 million, including $3.0 million in restricted cash. Outstanding debt principal under our senior secured term loan was $39.0 million, reflecting a voluntary prepayment of $5.0 million during the quarter. We had no outstanding borrowings under our revolving credit facility as of March 31, 2026, with a remaining borrowing capacity of $15.0 million. Investor Conference Call As previously disclosed, Comscore is evaluating various strategic actions following the recapitalization transaction closed in the fourth quarter of 2025, with the goal of further streamlining our capital structure, enhancing our financial profile, unlocking growth and simplifying our business. We plan to hold a conference call on or before May 29, 2026 to provide an update on our progress and discuss our outlook for the rest of the year. Details regarding the date, time and how to access the conference call will be provided separately. About Comscore Comscore is a global, trusted partner for planning, transacting and evaluating media across platforms. With an unmatched data footprint that combines digital, linear TV, over-the-top and theatrical viewership intelligence with advanced audience insights, Comscore empowers media buyers and sellers to quantify their multiscreen behavior and make meaningful business decisions with confidence. A proven leader in measuring digital and TV audiences and advertising at scale, Comscore is the industry's emerging, third-party source for reliable and comprehensive cross-platform measurement. Cautionary Note Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of federal and state securities laws, including, without limitation, our expectations, forecasts, plans and opinions regarding efforts to establish Comscore as the standard for modern measurement, changes in our product mix, momentum in our Local TV currency offering, revenue drivers and growth opportunities, our evaluation of various strategic actions and their potential benefits, and the timing and content of a planned conference call to be held on a future date. These statements involve risks and uncertainties that could cause actual events to differ materially from expectations, including, but not limited to, changes in our business and customer, partner and vendor relationships and contracts; external market conditions and competition; continued changes or declines in ad spending or other macroeconomic factors; evolving trade policies and privacy and regulatory standards; product adoption rates; the availability and desirability of additional strategic actions; delays in our evaluation of additional strategic actions; and our ability to achieve our expected strategic, financial and operational plans. For additional discussion of risk factors, please refer to our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and other filings that we make from time to time with the U.S. Securities and Exchange Commission (the "SEC"), which are available on the SEC's website (www.sec.gov). Investors are cautioned not to place undue reliance on our forward-looking statements, which speak only as of the date such statements are made. We do not intend or undertake, and expressly disclaim, any duty or obligation to publicly update any forward-looking statements to reflect events, circumstances or new information after the date of this press release, or to reflect the occurrence of unanticipated events. Use of Non-GAAP Financial Measures To provide investors with additional information regarding our financial results, we are disclosing in this press release adjusted EBITDA and adjusted EBITDA margin, which are non-GAAP financial measures used by our management to understand and evaluate our core operating performance and trends. We believe that these non-GAAP financial measures provide useful information to investors and others in understanding and evaluating our operating results, as they permit our investors to view our core business performance using the same metrics that management uses to evaluate our performance. Nevertheless, our use of these non-GAAP financial measures has limitations as an analytical tool, and investors should not consider these measures in isolation or as a substitute for analysis of our results as reported under GAAP. Instead, you should consider these measures alongside GAAP-based financial performance measures, net income (loss), net income (loss) margin, various cash flow metrics, and our other GAAP financial results. Set forth below are reconciliations of these non-GAAP financial measures to their most directly comparable GAAP financial measures, net income (loss) and net income (loss) margin. These reconciliations should be carefully evaluated. Media Marie Scoutas Comscore, Inc. (917) 213-2032 [email protected] Investors Jackie Marcus or Nick Nelson Alpha IR Group (617) 466-9257 [email protected] Reconciliation of Non-GAAP Financial Measures The following table presents a reconciliation of GAAP net loss and net loss margin to non-GAAP adjusted EBITDA and adjusted EBITDA margin for each of the periods identified: (1) Strategic transaction costs represent third-party professional fees and other charges incurred in connection with strategic transactions, including mergers, acquisitions, financings and dispositions, regardless of whether consummated, which we otherwise would not have incurred as part of our normal business operations. (2) Transformation costs represent (1) expenses incurred prior to formal launch of identified strategic projects with anticipated long-term benefits to the company, generally relating to third-party professional fees and non-capitalizable technology costs tied directly to the identified projects and (2) severance costs associated with the reorganization of our teams in connection with the identified projects. (3) Net loss margin is calculated by dividing net loss by revenues reported on our Condensed Consolidated Statements of Operations and Comprehensive Loss for the applicable period. (4) Non-GAAP adjusted EBITDA margin is calculated by dividing adjusted EBITDA by revenues reported on our Condensed Consolidated Statements of Operations and Comprehensive Loss for the applicable period. Revenues Revenues from our offerings of products and services are as follows:

Investor releaseQuarter not tagged2026-05-15

ComScore: Q1 Earnings Snapshot

Associated Press

RESTON, Va. (AP) — RESTON, Va. (AP) — ComScore Inc. (SCOR) on Thursday reported a loss of $6.2 million in its first quarter. The Reston, Virginia-based company said it had a loss of 41 cents per share. Losses, adjusted for non-recurring costs and stock option expense, came to 26 cents per share. The online research firm posted revenue of $85.3 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SCOR at https://www.zacks.com/ap/SCOR

Investor releaseQuarter not tagged2026-05-08

Comscore to Announce First Quarter 2026 Financial Results

GlobeNewswire
RESTON, Va., May 07, 2026 (GLOBE NEWSWIRE) -- Comscore, Inc. (Nasdaq: SCOR), a trusted partner for planning, transacting and evaluating media across platforms, today announced that it plans to release its financial results for the first quarter ended March 31, 2026 on or before May 15, 2026. As previously disclosed, Comscore is evaluating various strategic actions following the recapitalization transaction closed in the fourth quarter of 2025, with the goal of further streamlining our capital structure, enhancing our financial profile, unlocking growth and simplifying our business. We plan to hold a conference call on or before May 29, 2026 to provide an update on our progress and discuss our outlook for the rest of the year. Details regarding the date, time and how to access the conference call will be provided separately. About Comscore Comscore is a global, trusted partner for planning, transacting and evaluating media across platforms. With an unmatched data footprint that combines digital, linear TV, over-the-top and theatrical viewership intelligence with advanced audience insights, Comscore empowers media buyers and sellers to quantify their multiscreen behavior and make meaningful business decisions with confidence. A proven leader in measuring digital and TV audiences and advertising at scale, Comscore is the industry's emerging, third-party source for reliable and comprehensive cross-platform measurement. Cautionary Note Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of federal and state securities laws, including, without limitation, our expectations and plans regarding the release of financial results for the first quarter of 2026, the evaluation of various strategic actions and their potential benefits, and the timing and content of a planned conference call to be held on a future date. These statements involve risks and uncertainties that could cause actual events to differ materially from expectations, including, but not limited to, changes in our business, delays in our financial reporting or evaluation of additional strategic actions, and the availability and desirability of additional strategic actions. For additional discussion of risk factors, please refer to our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and other filings that we make from time to time with…Read full document

RESTON, Va., May 07, 2026 (GLOBE NEWSWIRE) -- Comscore, Inc. (Nasdaq: SCOR), a trusted partner for planning, transacting and evaluating media across platforms, today announced that it plans to release its financial results for the first quarter ended March 31, 2026 on or before May 15, 2026. As previously disclosed, Comscore is evaluating various strategic actions following the recapitalization transaction closed in the fourth quarter of 2025, with the goal of further streamlining our capital structure, enhancing our financial profile, unlocking growth and simplifying our business. We plan to hold a conference call on or before May 29, 2026 to provide an update on our progress and discuss our outlook for the rest of the year. Details regarding the date, time and how to access the conference call will be provided separately. About Comscore Comscore is a global, trusted partner for planning, transacting and evaluating media across platforms. With an unmatched data footprint that combines digital, linear TV, over-the-top and theatrical viewership intelligence with advanced audience insights, Comscore empowers media buyers and sellers to quantify their multiscreen behavior and make meaningful business decisions with confidence. A proven leader in measuring digital and TV audiences and advertising at scale, Comscore is the industry's emerging, third-party source for reliable and comprehensive cross-platform measurement. Cautionary Note Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of federal and state securities laws, including, without limitation, our expectations and plans regarding the release of financial results for the first quarter of 2026, the evaluation of various strategic actions and their potential benefits, and the timing and content of a planned conference call to be held on a future date. These statements involve risks and uncertainties that could cause actual events to differ materially from expectations, including, but not limited to, changes in our business, delays in our financial reporting or evaluation of additional strategic actions, and the availability and desirability of additional strategic actions. For additional discussion of risk factors, please refer to our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and other filings that we make from time to time with the U.S. Securities and Exchange Commission (the "SEC"), which are available on the SEC's website (www.sec.gov). Investors are cautioned not to place undue reliance on our forward-looking statements, which speak only as of the date such statements are made. We do not intend or undertake, and expressly disclaim, any duty or obligation to publicly update any forward-looking statements to reflect events, circumstances or new information after the date of this press release, or to reflect the occurrence of unanticipated events. Media Marie Scoutas Comscore, Inc. (917) 213-2032 [email protected] Investors Jackie Marcus Alpha IR Group (617) 466-9257 [email protected]

Investor releaseQuarter not tagged2026-04-16

OUTKICK SEES SIGNIFICANT GROWTH IN FIRST QUARTER OF 2026

PR Newswire
OutKick Outperformed Draft Kings, AP-News - Sports, and The Ringer NEW YORK, April 16, 2026 /PRNewswire/ -- National multimedia sports platform OutKick delivered significant growth in Q1 2026 with 78.8 million total multiplatform views, up 28% versus Q1 2025 and up 14% versus Q4 2025, and 120 million multiplatform minutes, up 111% versus Q1 2025 and up 94% versus Q4 2025. The platform also saw 4.8 million average monthly desktop and mobile unique visitors in Q1 2026, up 13% versus Q4 2025, according to Comscore.* Additionally, OutKick delivered 11.8 million total digital multiplatform unique visitors, which ranked 24th out of over 350 sports entities in March 2026. The platform finished ahead of Draft Kings, AP News-Sports, Complex Sports, The Ringer, and many more.** In commenting on the digital performance, OutKick's senior vice president and managing editor Gary Schreier said, "OutKick had a tremendous first quarter because the platform continues to stand out as the only sports site that leads with common sense and asks the questions that other publications shy away from. Our reporters have been fearless asking NBA head coaches about their misleading comments on ICE and most recently asking Tom Izzo and Dan Hurley during March Madness about holding players accountable." On Facebook, X (formerly Twitter), and Instagram in Q1 2026, OutKick saw over 2.4 million social actions and over 26 million total video views on Facebook, X and YouTube, according to ComscoreSocial.*** *Source: Comscore Media Metrixᆴ Multi-Platform, March 2026, Desktop and Mobile, US. **Source: Comscore Media Metrixᆴ Multi-Platform, March 2026, Total Digital Population, US ***Source: Comscore Social, Metrics & Trends, Facebook, Instagram, X, YouTube, March 2026, Report Date: 04/14/2026. Custom-Defined List including Outkick. About OutKick OutKick is one of the fastest growing national multimedia platforms that produces and distributes engaging content at the intersection of sports, sports culture, pop culture and news. OutKick's industry recognized stable of reporters, hosts and contributors are accessible on www.OutKick.com as well as across video livestreams, social media, podcasts, and radio, reaching tens of millions of fans each month. Owned by FOX Corporation, OutKick was originally founded by Clay Travis. For more information, please visit www.OutKick.com. ### OutKick Press Contact…Read full document

OutKick Outperformed Draft Kings, AP-News - Sports, and The Ringer NEW YORK, April 16, 2026 /PRNewswire/ -- National multimedia sports platform OutKick delivered significant growth in Q1 2026 with 78.8 million total multiplatform views, up 28% versus Q1 2025 and up 14% versus Q4 2025, and 120 million multiplatform minutes, up 111% versus Q1 2025 and up 94% versus Q4 2025. The platform also saw 4.8 million average monthly desktop and mobile unique visitors in Q1 2026, up 13% versus Q4 2025, according to Comscore.* Additionally, OutKick delivered 11.8 million total digital multiplatform unique visitors, which ranked 24th out of over 350 sports entities in March 2026. The platform finished ahead of Draft Kings, AP News-Sports, Complex Sports, The Ringer, and many more.** In commenting on the digital performance, OutKick's senior vice president and managing editor Gary Schreier said, "OutKick had a tremendous first quarter because the platform continues to stand out as the only sports site that leads with common sense and asks the questions that other publications shy away from. Our reporters have been fearless asking NBA head coaches about their misleading comments on ICE and most recently asking Tom Izzo and Dan Hurley during March Madness about holding players accountable." On Facebook, X (formerly Twitter), and Instagram in Q1 2026, OutKick saw over 2.4 million social actions and over 26 million total video views on Facebook, X and YouTube, according to ComscoreSocial.*** *Source: Comscore Media Metrixᆴ Multi-Platform, March 2026, Desktop and Mobile, US. **Source: Comscore Media Metrixᆴ Multi-Platform, March 2026, Total Digital Population, US ***Source: Comscore Social, Metrics & Trends, Facebook, Instagram, X, YouTube, March 2026, Report Date: 04/14/2026. Custom-Defined List including Outkick. About OutKick OutKick is one of the fastest growing national multimedia platforms that produces and distributes engaging content at the intersection of sports, sports culture, pop culture and news. OutKick's industry recognized stable of reporters, hosts and contributors are accessible on www.OutKick.com as well as across video livestreams, social media, podcasts, and radio, reaching tens of millions of fans each month. Owned by FOX Corporation, OutKick was originally founded by Clay Travis. For more information, please visit www.OutKick.com. ### OutKick Press Contact: Brian Karpas 212-301-9966 [email protected] View original content to download multimedia:https://www.prnewswire.com/news-releases/outkick-sees-significant-growth-in-first-quarter-of-2026-302744931.html

As of 2026-08-22 • Updated weeklySource: Earnings sourceIngestion runbook