Business
Comscore Reports Third Quarter 2021 Results
Revenue of $92.5 Million, Up 5 Percent Year-Over-Year Activation Revenue Up 38 Percent Year-Over-Year Net Income of $2.0 Million Compared to Net Loss of $11.1
About this update from Comscore, Inc.
[{"type":"text","content":"Revenue of $92.5 Million, Up 5 Percent Year-Over-Year\n Activation Revenue Up 38 Percent Year-Over-Year\n Net Income of $2.0 Million Compared to Net Loss of $11.1 Million in the Year-Ago Quarter\n Adjusted EBITDA of $11.3 Million and 12 Percent Margin\n\n\nRESTON, Va., Nov. 8, 2021 /PRNewswire/ -- 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, 2021.\nThird Quarter 2021 Financial Highlights\nRevenue for the third quarter up 5% to $92.5 million compared to $88.0 million in the year-ago quarter Net income of $2.0 million compared to a net loss of $11.1 million in the year-ago quarter Adjusted EBITDA of $11.3 million compared to $7.3 million in the year-ago quarter Reaffirmed full-year 2021 guidance of revenue increase between 3% and 5% over 2020 and adjusted EBITDA margin of 6% to 8%Recent Key Renewals, Partnerships and New Business Developments\nMRC audit for Local and National Television measurement is officially underway Local TV – Exclusive agreement with Univision as local TV currency in several markets Spectrum Reach to move to Comscore as their preferred television currency in all 89 markets by year-end Comscore Consumer Intelligence (CCI), a powerful local market audience segmentation and sales tool, is now available in all 210 local TV markets Syndicated Digital – New agreements with Talroo and The Publisher Desk and improved renewal rates with small digital publishers Agency – New exclusive agreements with Cornerstone Media Group and Imaginuity Comscore Campaign Ratings (CCR) is the first and only ad measurement service to integrate Google's YouTube and YouTube TV inventory in cross-platform measurement including CTV, significantly enhancing our service to advertisers Predictive Audiences expands with the inclusion of L2 political segments to help advertisers with cookie-free audience targeting ahead of the 2022 political season Out-of-Home – New agreement with Trooh for digital out-of-home measurement and new Activation partnership with Vistar Media to better enable advertisers to reach out-of-home audiences Movies – Expansion of Sony relationship Comscore's continued commitment to security and privacy illustrated by obtaining ISO certifications for Information Security and Privacy Info...