comScore, Inc. Reports ird Quarter 04 Results

comScore, Inc. Reports Third Quarter 2014 ResultsStrong Performance Reflects Continued Business Momentum

RESTON, VA - October 28, 2014 - comScore, Inc. (NASDAQ: SCOR), a leader in measuring the digital world, today announced financial results for the third quarter 2014.

Third Quarter 2014

comScore achieved record quarterly revenue of $82.1 million. GAAP loss before income taxes was $5.8 million; and GAAP net loss was $3.3 million, or $(0.10) per basic and diluted share, which primarily reflects an impairment charge of $6.9 million related to our mobile operator analytics division. Excluding the impairment charge, pro forma income before income taxes would have been $1.1 million.

Third quarter and year to date 2014 metrics compared to results for the third quarter and year to date in the prior year* were as follows:

Third quarter revenues of $82.1 million, up 15% from a year ago.

Third quarter adjusted EBITDA of $19.1 million, up 17% from a year ago.

Third quarter adjusted EBITDA margin was 23% of revenue, unchanged from a year ago.

Year to date revenues of $239.0 million, up 14% from the same period in 2013 on both a GAAP and pro forma basis*.

Year to date adjusted EBITDA of $51.3 million, up 19% from the same period in 2013 on a pro forma basis*.

* comScore divested its Non-Health Copy Testing and Configuration Manager products in March 2013. All year-to-date 2013 pro forma growth rates included in the foregoing reflect adjustments to exclude the companys Non-Health Copy Testing and Configuration Manager products for the purposes of consistent presentation and are based on managements estimates of the revenue and results of operations of such products. See Reconciliation of Revenue and Income before Income Taxes to Non-GAAP Revenue, non-GAAP Income and Adjusted EBITDA set forth in the attachment to this press release.

Serge Matta, comScore's chief executive officer, said, comScore delivered continued strong performance in the third quarter both on revenue and EBITDA. Our strategic partnerships with Yahoo and Google are progressing on schedule. I'm pleased to announce that our vCE service with Google has gone live, and the top three agency holding companies have agreed to utilize vCE in DoubleClick. We have also finalized new partnerships with Pandora and Datalogix, that will further enhance the solutions we offer clients, and we'll shortly be introducing vCE 2.0 to new international markets. Finally, we have a signed letter of intent to divest our mobile operator business unit, sharpening our focus on products and segments with the most attractive growth and margin expansion opportunities. We've positioned comScore for success with a product and technology portfolio that leverages key industry megatrends and makes audiences and advertising more valuable to our growing client base.

To access the full press release, please click here:

Third Quarter 2014 Earnings Report.pdf

LINK:	http://www.comscore.com/Insights/Press-Releases/2014/10/comScore-Inc.-...
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