Comscore revenues up in 2022

Revenues rose from $367m in 2021, with the fourth quarter providing $98m revenue, up from $96.5m in the final three months of 2021.

The net loss of $66.6m was up from $50m in 2021 and was mainly the result of a non-cash goodwill impairment charge of $46.3m and restructuring costs of $5.8m in the third quarter of 2022.

This led to an adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) of $37m in 2022 compared with $31.9m the prior year.

Core operating expenses, which include cost of revenues, sales and marketing, research and development and general and administrative expenses, were $371.9m, up 0.3% compared with $370.8m in 2021.

Comscore added that it expected 2023 revenue will increase low to mid single digits over 2022.

Jon Carpenter, chief executive officer at Comscore, said: “2022 was a year of major change for Comscore and I’m extremely proud of what our teams have been able to accomplish

“We did what we said we were going to do, and that has given us momentum as we head into 2023. As the company that provides the most complete view of audiences for both content and ads, I believe we are well positioned for continued success.”