Overview

* Comscore ( SCOR ) Q2 revenue rises 4.1% yr/yr, beating analyst expectations

* Adjusted EBITDA for Q2 beats estimates, up 25% yr/yr

* Net loss of $9.5 mln due to FX fluctuations, taxes, and interest

Outlook

* Comscore ( SCOR ) maintains full-year revenue and adjusted EBITDA guidance

* Company expects Q3 revenue to be flat year-over-year

* Comscore ( SCOR ) sees growth in local TV and cross-platform offerings

* Company anticipates declines in syndicated digital products

Result Drivers

* CROSS-PLATFORM GROWTH - 60% increase in cross-platform revenue driven by Proximic and content measurement offering

* LOCAL TV EXPANSION - Double-digit growth in local TV revenue due to key renewals and new business

* REVENUE DECLINE - Lower revenue from national TV and syndicated digital products

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $89.39 $85.90

Revenue mln mln (2

Analysts

)

Q2 EPS -$2.73

Q2 Net -$9.49

Income mln

Q2 Beat $8.90 $8.75

Adjusted mln mln (2

EBITDA Analysts

)

Q2 -$1.68

Income mln

from

Operatio

ns

Q2 -$7.04

Pretax mln

Profit

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the advertising & marketing peer group is "buy."

* Wall Street's median 12-month price target for Comscore Inc ( SCOR ) is $5.50, about 5.5% above its August 4 closing price of $5.20

* The stock recently traded at 1 times the next 12-month earnings vs. a P/E of 1 three months ago

Press Release:

(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.)