comScore, Inc. Reports Fourth Quarter and Full Year 2014 ResultsStrong Performance Reflects Continued Business Momentum
RESTON, VA - February 12, 2015 - comScore, Inc. (NASDAQ: SCOR), a leader in measuring the digital world, today announced financial results for the fourth quarter and full year 2014.
Fourth Quarter and Full Year 2014
comScore achieved record quarterly revenue of $90.1 million, an increase of 18% compared to the fourth quarter of 2013. GAAP loss before income taxes was $6.0 million, which reflects an impairment charge of $2.8 million related to our Mobile Operator Analytics Division and other non-cash expenses. GAAP net loss was $2.7 million, or $0.08 per basic and diluted share.
Fourth quarter 2014 results and metrics compared to 2013 on a proforma basis* were as follows:
Revenue of $89.1 million, up 19% from a year ago.
Adjusted EBITDA of $21.1 million, up 16% from a year ago.
Adjusted EBITDA margin was 24% of revenue, unchanged from a year ago.
Full year 2014 results and metrics compared to 2013 on a proforma basis* were as follows:
Revenue of $325.2 million, up 18% from a year ago.
Adjusted EBITDA of $75.9 million, up 24% from a year ago.
Adjusted EBITDA margin was 23% of revenue, up 105 basis points from a year ago.
Serge Matta, comScores chief executive officer, said, "We had a great year. comScore's strong performance continued through the fourth quarter, and our record revenue and adjusted EBITDA achievements for fiscal year 2014 speak for themselves. Our strong momentum has continued in 2015 and we are expanding our Google partnership by extending the availability of vCE in DoubleClick globally, and by bringing vCE in DoubleClick to mobile in the United States. Our strategic partnerships with Google, Yahoo and Pandora are all live and have already begun to deliver results. I am also very excited that we entered into a long-term strategic partnership with WPP/Kantar to bring cross-media audience and campaign measurement to markets outside the US, in places where these solutions have not been available or attainable."
To access the full press release, please click here:
Fourth Quarter and Full Year 2014 Results.pdf
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comScore, Inc. Reports Fourth Quarter and Full Year 2014 ResultsStrong Performance Reflects Continued Business Momentum
