Comscore Posts $65.5M Q3 Loss on $57.3M Goodwill Impairment, Reaffirms FY26 Outlook
SCOR is trading near its 52-week low of $3.05 (11% above the low).
Summary
Comscore's Q3 loss of $65.5M was driven by a $57.3M non-cash goodwill impairment and $5.5M of restructuring costs, while revenue fell 14.3% to $76.2M and adjusted EBITDA dropped to $5.8M. The company reaffirmed its full-year 2026 revenue outlook of $315M-$325M.
Key Events · Earnings and Guidance · SCOR
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Q3 Revenue Falls 14.3% to $76.2M
Revenue was $76.2M versus $88.9M a year earlier, a 4.1% decline on a pro forma basis excluding $9.5M of divested Movies revenue. Syndicated Audience revenue dropped 17.0% to $52.4M.
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$57.3M Non-Cash Goodwill Impairment
An interim goodwill review triggered by the stock price and market cap decline produced a $57.3M non-cash charge that does not affect liquidity, cash flows or future operations. Goodwill fell to $127.9M from $248.6M at year-end.
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Adjusted EBITDA Halves to $5.8M
Adjusted EBITDA was $5.8M (7.6% margin) versus $11.0M (12.4% margin) in Q3 2025, even as core operating expenses fell 8.0% to $79.6M.
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Cash Drops to $19.5M
Cash, cash equivalents and restricted cash totaled $19.5M at September 30, 2026, down from $26.8M at the start of the year, after $3.0M of restructuring payments and $1.9M of strategic transaction costs. The senior secured credit facility was fully repaid in May 2026.
Analysis · SCOR · Trade & Services
The headline loss is almost entirely accounting: a $57.3M non-cash goodwill impairment plus $5.5M of restructuring costs drove the $65.5M net loss, and management says the charge does not touch liquidity, cash flow or operations. What matters is the operating picture underneath — revenue fell 14.3% to $76.2M (down 4.1% pro forma for the divested Movies business) and adjusted EBITDA nearly halved to $5.8M from $11.0M. Cash is down to $19.5M from $23.6M at year-end, so the reaffirmed $315M-$325M revenue outlook and the $20M-$25M of annual cost savings now carry the story; the impairment itself is a write-down of goodwill that had already been priced in as the stock fell.
How filings like this one have moved
In the 30 days to Nov 4, 2026, 41.4% of the 1217 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.35%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, SCOR was trading at $3.39 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $51.5M. The 52-week trading range was $3.05 to $9.34. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.