Reports Q1 revenue $86.8M, consensus $89.2M.”While revenue came in slightly below our expectations, our teams continued to make encouraging progress against a number of key initiatives that are critical to our transformation,” said Jon Carpenter, CEO of Comscore. “Our adjusted EBITDA performance, and key product and client progress that we’ve continued to make with our cross-platform offerings, are evidence we’re moving in the right direction. The quarter also saw major milestones like MRC accreditation for Comscore TV and JIC certification as a cross-platform currency – both are major validations of the progress that we continue to make. I remain confident in the direction we’re taking the business, and we will continue to leverage Comscore’s cross-platform capabilities to deliver value to our stakeholders.”
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SCOR:
- Proximic by Comscore Recognized in AdExchanger’s 2024 Top 50 Programmatic Power Players List
- SCOR Earnings this Week: How Will it Perform?
- Comscore to Announce First Quarter 2024 Financial Results
- 180 Degree notes inclusion of McLaughlin as nominee for director of comScore
- Comscore Appoints Jeffrey Murphy as New Board Director