Comscore Inc Stock Price, News & Analysis

Ocean Capital LLC, a substantial shareholder in Puerto Rico closed-end bond funds managed by UBS Financial Services, issued a letter urging significant board changes. They estimate that the Funds' Boards have squandered at least $4 million of shareholder capital fighting shareholder nominations while the Funds' net asset values have significantly declined, with some experiencing NAV drops of up to -23.5%. Ocean Capital remains committed to improving governance and enhancing shareholder value, urging investors to support their nominated independent directors.

Comscore (NASDAQ: SCOR) has partnered with dentsu, marking a first in the media agency network landscape. This collaboration aims to transition local TV buying to a Comscore-based currency, enabling transactions based on advanced audiences across all 210 local markets. Initial test buys will occur in early 2023 with clients in top 10 local markets utilizing data from dentsu's M1 audience-building platform. This move is expected to modernize local media buying processes and enhance audience-targeting capabilities.

Comscore, Inc. (NASDAQ: SCOR) has partnered with FOX Television Stations (FTS) to utilize a Comscore-based currency for local TV transactions. This collaboration aims to enhance local TV measurement, leveraging an 84% increase in reportable Comscore households to 13.6 million homes. The partnership allows advertisers to access more comprehensive data to connect with audiences effectively. Comscore's Advanced Audiences™ aims to improve strategies for local TV advertising by combining TV viewership data with household demographic information.

Comscore, Inc. (NASDAQ: SCOR) announced leadership changes aimed at enhancing operational efficiency and innovation. Dr. David Algranati moves to Chief Innovation Officer, with a focus on cross-platform products. Greg Dale is appointed Chief Operating Officer, overseeing technology and business operations, while Jon Lieberman becomes Chief Technology Officer, directing engineering and development. The transition aims to drive profitable growth and meet client needs effectively. Additionally, Chief Commercial Officer Chris Wilson is leaving the company, marking a significant shift in leadership.

Yahoo has partnered with Comscore (NASDAQ: SCOR) to enhance brand safety and suitability controls for connected TV (CTV) advertising through the Yahoo DSP. This collaboration introduces Comscore Activation™, which provides pre-bid inventory filters for campaign delivery without compromising reach. As CTV consumption grows, marketers can leverage contextual segments categorized by TV genres for better alignment with their brand values. The partnership aims to bolster advertisers' confidence in their CTV investments while maximizing campaign effectiveness.

Comscore, Inc. (Nasdaq: SCOR) reported Q2 2022 revenue of $91.4 million, a 4.3% increase from Q2 2021. The company experienced a reduced net loss of $5.1 million, compared to $18.5 million in the same quarter last year. Adjusted EBITDA surged by 146.9% to $6.5 million, with a margin of 7.1%. Despite a 1.7% decline in Digital Ad Solutions revenue, growth in Cross Platform Solutions revenue by 13.2% was notable. Comscore updated its 2022 outlook, projecting revenue growth of 5% to 7% and an adjusted EBITDA margin exceeding 9%.

Comscore (NASDAQ: SCOR) will host a conference call on August 9th at 5:00 p.m. ET to discuss its Q2 2022 financial results, covering the period ending June 30, 2022. Interested participants can join the live webcast or register for a telephone call to receive dial-in details. A replay will be available post-call on the company’s investor relations webpage. As a leader in media measurement, Comscore provides insights across platforms, helping businesses make informed decisions.

Comscore, Inc. (NASDAQ: SCOR) has announced leadership changes, appointing Jon Carpenter as the new CEO, effective immediately. Carpenter, previously CFO since November 2021, succeeds Bill Livek, who is retiring. Dr. Nana Banerjee is appointed non-executive chairman, while Mary Margaret Curry is promoted to CFO. The company emphasizes Carpenter's extensive experience in media and measurement, aiming to drive growth and profitability. This reshuffling is seen as pivotal for Comscore's future growth trajectory.