Core Insights - Comscore has been granted a patent for Personifying Viewership Data, enabling marketers to analyze individual-level viewership of linear and connected TV through predictive modeling based on extensive household-level data [1][4]. Group 1: New Capabilities - The new capability is integrated into Comscore's digital video, cross-platform, and TV solutions, providing more accurate demographic insights by utilizing Big Data instead of relying solely on expensive and sparse panel samples [2]. - This approach allows for a privacy-forward measurement of exposure at the individual level while leveraging the scale of big data [2]. Group 2: Demographic Estimation - Comscore's personification method estimates audience demographics, such as age and gender, for specific TV programs using household-level media consumption data [3]. - This feature is available in Comscore's flagship cross-platform campaign measurement solution and other reporting and optimization tools [3]. Group 3: Industry Positioning - The Chief Commercial Officer of Comscore emphasized the importance of person-level data for effective demographic targeting, stating that household-level data does not meet all marketers' needs [4]. - Comscore's commitment to measurement innovation is reflected in its portfolio of over 130 U.S. patents, including those related to digital and TV solutions [4][5].

comScore, Inc. (NASDAQ:SCOR) Q3 2024 Earnings Conference Call November 12, 2024 5:00 PM ET Company Participants John Tinker - Head of Investor Relations Jon Carpenter - Chief Executive Officer Mary Margaret - Chief Financial Officer Conference Call Participants Operator Good day, and thank you for standing by. Welcome to the Comscore Third Quarter 2024 Financial Results Call. [Operator Instructions] Please be advised that today's conference is being recorded. Thank you. I'd now like to hand the conference o ...

ComScore (SCOR) came out with a quarterly loss of $12.79 per share versus the Zacks Consensus Estimate of a loss of $0.94. This compares to loss of $0.40 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1,260.64%. A quarter ago, it was expected that this online research firm would post a loss of $0.18 per share when it actually produced a loss of $1.19, delivering a surprise of -561.11%.Over the last four quarters, the company ...

Financial Position - Total current assets decreased from $97,990,000 as of December 31, 2023, to $84,933,000 as of September 30, 2024, representing a decline of approximately 13.3%[7] - Cash and cash equivalents decreased from $22,750,000 to $19,996,000, a reduction of about 12.2%[7] - Total liabilities decreased from $247,307,000 to $207,728,000, reflecting a decrease of approximately 16%[7] - Goodwill decreased significantly from $310,360,000 to $247,460,000, a decline of about 20.2%[7] - Total stockholders' equity shifted from $56,103,000 to $(2,736,000), indicating a transition to a deficit position[7] - Accounts receivable decreased from $63,826,000 to $55,165,000, a decline of approximately 13.6%[7] - Non-current operating lease liabilities decreased from $23,003,000 to $16,605,000, a decline of about 27.6%[7] - Total assets decreased from $491,295,000 to $412,462,000, reflecting a decrease of approximately 16%[7] Revenue and Expenses - Revenues for the three months ended September 30, 2024, were $88,479,000, a decrease from $91,000,000 in the same period of 2023, representing a decline of approximately 2.7%[8] - Total expenses from operations increased to $148,084,000 for the three months ended September 30, 2024, compared to $88,933,000 in the same period of 2023, reflecting a significant increase of 66.7%[8] - The net loss for the three months ended September 30, 2024, was $60,630,000, compared to a net income of $2,618,000 in the same period of 2023, indicating a substantial shift in performance[8] - Basic and diluted net loss per common share for the three months ended September 30, 2024, was $(12.79), a significant decrease from $(0.34) in the same period of 2023[8] - Research and development expenses for the three months ended September 30, 2024, were $7,272,000, down from $8,083,000 in the same period of 2023, reflecting a decrease of approximately 10%[8] - Selling and marketing expenses decreased to $12,515,000 for the three months ended September 30, 2024, from $14,794,000 in the same period of 2023, a decline of about 15.4%[8] Impairment Charges - The company reported an impairment of goodwill amounting to $63,000,000 for the three months ended September 30, 2024, compared to $44,100,000 in the same period of 2023[8] - The Company recorded a non-cash goodwill impairment charge of $63.0 million for the three and nine months ended September 30, 2024, compared to a $44.1 million charge for the same period in 2023[26] - The Company recognized a non-cash impairment charge of $1.4 million related to right-of-use assets for the three and nine months ended September 30, 2024, following a sublease analysis[28] Cash Flow and Financing - Net cash provided by operating activities for the nine months ended September 30, 2024, was $28,140,000, compared to $30,285,000 in 2023[17] - Total cash, cash equivalents, and restricted cash at the end of the period was $20,185,000 as of September 30, 2024, down from $30,253,000 in 2023[17] - Payments of line of credit amounted to $6,000,000 in the nine months ended September 30, 2024[17] - The Company repaid $10 million under the Revolving Credit Agreement on November 1, 2024, and amended the agreement to extend the maturity date for outstanding letters of credit[77] - As of September 30, 2024, outstanding borrowings under the Revolving Credit Agreement were $10.0 million, with letters of credit totaling $3.2 million[112] Stock and Dividends - The company implemented a 1-for-20 reverse stock split effective December 20, 2023, reducing the number of authorized shares of common stock from 275,000,000 to 13,750,000[22] - The company has a cumulative dividend rate of 7.5% per annum on the newly issued Preferred Stock, with deferred dividends accruing at a rate of 9.5% per year until paid[111] - As of September 30, 2024, accrued dividends for Preferred Stock holders totaled $4.4 million, compared to $24.1 million as of December 31, 2023[64] Future Outlook - The Company expects to adopt new accounting standards effective January 1, 2025, which may impact its financial statements[36] - The company may need to raise additional funds through public or private equity or debt financing to meet future capital requirements and dividend obligations[118]

FOR IMMEDIATE RELEASE Comscore Reports Third Quarter 2024 Results RESTON, Va., November 12, 2024 – Comscore, Inc. (Nasdaq: SCOR), a trusted partner for planning, transacting and evaluating media across platforms, today reported financial results for the quarter ended September 30, 2024. Q3 2024 Financial Highlights • Revenue for the third quarter was $88.5 million compared to $91.0 million in Q3 2023 • Net loss of $60.6 million compared to net income of $2.6 million in Q3 2023, primarily resulting from a no ...

RESTON, Va., Oct. 25, 2024 (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 third quarter ended September 30, 2024, on Tuesday, November 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/2e5hx8ctor participate via telephone at USA & Canada - Toll-Free (800) 715-9871: U ...

NEW YORK, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Proximic by Comscore, a division of Comscore Inc.(NASDAQ: SCOR) and a leading provider of audience and content targeting solutions for programmatic activation, today released its inaugural State of Privacy in Advertising Report. The comprehensive report compiles industry-wide survey research, delving into the current and anticipated impacts of rapidly evolving data privacy laws in the digital advertising landscape. The report reveals that 56% of respondents alrea ...

CHICAGO, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Basis Technologies (https://basis.com), a global provider of media automation and programmatic advertising solutions, today announced an integration of Comscore's omnichannel ad measurement solution, Comscore Campaign Ratings (CCR), into Basis platform. Comscore (NASDAQ: SCOR) is a trusted partner for planning, transacting, and evaluating media across platforms. Users of the Basis advertising automation platform can now easily access Comscore's deep person-level in ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________________ FORM 10-Q _____________________________________________ (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-33520 ____________ ...

comScore, Inc. (NASDAQ:SCOR) Q2 2024 Earnings Conference Call August 6, 2024 5:00 PM ET Company Participants John Tinker - Head of Investor Relations Jon Carpenter - Chief Executive Officer Mary Margaret - Chief Financial Officer Conference Call Participants Surinder Thind - Jefferies Operator Good day, and thank you for standing by. Welcome to the Comscore Second Quarter 2024 Financial Results Call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a ...