comScore (SCOR) Misses Q1 EPS by 19c, Revenues Beat

comScore (NASDAQ: SCOR) reported Q1 EPS of ($0.49), $0.19 worse than the analyst estimate of ($0.30). Revenue for the quarter came in at $90.3 million versus the consensus estimate of $87.1 million.

"Completing our investment this quarter with Charter, Qurate and Cerberus was a critical strategic step for Comscore. This transaction gave us access to expanded rights with our data sets and created additional momentum behind our efforts to shift the media and advertising industry to census-based measurement at a time that the industry needs Comscore more than ever. Combined with the financial flexibility and liquidity created by the transaction, we are now positioned to reestablish revenue growth across our business," said Bill Livek, CEO and Executive Vice Chairman of Comscore. "This quarter we saw improvement in many areas of our business, and with movie theaters beginning to reopen, we expect to see a healthy rebound over the coming quarters in that vertical. We signed new contracts and partnerships with industry leaders and are seeing customer excitement and momentum in many of our products. As a result, we remain confident in our ability to grow revenue as the year progresses."

For earnings history and earnings-related data on comScore (SCOR) click here.

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