Comscore Reports First Quarter 2025 Results

Core Insights - Comscore, Inc. reported a revenue of $85.7 million for Q1 2025, a decrease of 1.3% from $86.8 million in Q1 2024, with a notable growth of 20.5% in Cross-Platform revenue [3][9][30] - The company experienced a net loss of $4.0 million in Q1 2025, compared to a net loss of $1.1 million in Q1 2024, resulting in a net loss margin of 4.7% [5][22] - Adjusted EBITDA for the quarter was $7.4 million, slightly up from $7.2 million in Q1 2024, with adjusted EBITDA margins of 8.6% [6][31] Financial Performance - Revenue breakdown showed Content & Ad Measurement revenue increased by 0.8%, while Research & Insight Solutions revenue declined by 11.5% [3][30] - Core operating expenses were $87.1 million, a decrease of 0.3% from $87.4 million in Q1 2024, primarily due to lower data costs [4] - The company anticipates revenue for Q2 2025 to be in line with Q1 2025, projecting full-year revenue at the low end of the previously provided range of $360 million to $370 million [2][10] Balance Sheet and Liquidity - As of March 31, 2025, Comscore had cash, cash equivalents, and restricted cash totaling $34.5 million, with no outstanding borrowings under its revolving credit facility [7] - The outstanding debt principal under the senior secured term loan was $44.9 million [7] Market Position and Strategy - Comscore continues to be the only MRC-accredited national and local TV measurement service, highlighting its competitive advantage in the industry [2] - The company is taking a cautious approach regarding expectations for business segments dependent on advertising spend due to observed slowdowns in key categories [2]