comScore (NASDAQ: SCOR) reported Q1 EPS of ($0.46), $0.09 worse than the analyst estimate of ($0.37). Revenue for the quarter came in at $102.3 million versus the consensus estimate of $104.84 million.

• Total year-over-year revenue for the first quarter declined 3.4% to $102.3 million
• Net loss of $27.5 million, or $(0.46) per share, compared to a net loss of $51.5 million, or $(0.93) per share in the year-ago quarter
• Adjusted EBITDA loss of $2.5 million, compared to adjusted EBITDA of $3.6 million in the year-ago quarter
• Cash, cash equivalents and restricted cash of $42.8 million, compared to $50.2 million as of December 31, 2018

"As we sharpen our focus on the products our customers want, we will further strengthen our position in the marketplace. This will better enable us to expand our customer base, service our existing customers, and drive long-term value for our stockholders," said Dale Fuller, interim chief executive officer of Comscore.

"Over the past five weeks, we began a strategic review of the company, including all aspects of customer relationships, products, and organization structure," Fuller added. "While the strategic review is still in process, we have identified and implemented actions this week that we believe will result in a better customer experience, improved organizational efficiency, and resources that are better aligned with business needs. We expect these actions to decrease our annualized costs and cash outflow by approximately $20 million, or 5% of our core operating costs, a portion of which will be realized beginning in the second quarter of 2019."

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