Comscore Q2 net loss widens on Movies business divestiture
Comscore Q2 net loss widens on Movies business divestiture
Overview
Media measurement firm's Q2 revenue fell 11% yr/yr after Movies business divestiture
Net loss widened in Q2, partly due to divestiture and debt extinguishment costs
Company repaid $40 mln in senior debt using proceeds from Movies business sale
Outlook
Company sees 2026 revenue between $315 mln and $325 mln
Comscore expects 2026 adjusted EBITDA margin in the low-to-mid single digits
Company anticipates $20-25 mln in annual run-rate cost savings from realignment plan
Result Drivers
MOVIES BUSINESS DIVESTITURE - Revenue decline primarily driven by loss of Movies business and related syndicated audience revenue
WEAKER TV AND DIGITAL PRODUCTS - Lower performance in national TV, local TV and syndicated digital products contributed to revenue decline
LOWER CUSTOM PRODUCT DEMAND - Research & Insight Solutions revenue fell due to lower renewals and fewer deliveries of certain custom digital products
Company press release: ID:nGNX6bSzxr
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue | Miss | $79.25 mln | $83.30 mln (1 Analyst) |
Q2 Net Loss |
| $14.79 mln |
|
Q2 Income from Operations |
| -$11.98 mln |
|
Q2 Pretax Loss |
| $15.67 mln |
|
Analyst Coverage
The one available analyst rating on the shares is "hold"
The average consensus recommendation for the advertising & marketing peer group is "buy."
Wall Street's median 12-month price target for Comscore Inc is $10.00, about 39.5% above its August 11 closing price of $7.17
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)