ComScore to acquire ad verification firm AdXpose, posts Q2 loss

US— ComScore has agreed to acquire digital advertising verification and optimisation firm AdXpose in a mostly stock-based deal worth $22m.

Seattle-based AdXpose’s software-as-a-service technology measures the performance of digital campaigns and alerts clients if their ads have been placed on sites containing adult or illegal content.

ComScore president and CEO Magid Abraham (pictured) said: “In just a few short years, AdXpose has demonstrated clear technology leadership with their leading ad verification and optimisation analytics solutions, which are highly complementary to ComScore’s existing ad effectiveness product suite. Through the integration of these capabilities, ComScore will be able to further its mission to develop the most comprehensive end-to-end suite of digital advertising analytics.”

AdXpose president and CEO Kirby Winfield said becoming part of ComScore would help introduce the firm’s offering to a broader range of potential customers.

Alongside the acquisition, ComScore has also announced a 38% increase in second quarter revenue to $58.1m from $42m last year.

However, the firm made a pre-tax loss of $6.2m, compared to profit of $1.8m a year ago, and a net loss of $8.2m because of costs relating to acquisitions made in 2010, litigation and stock compensation expenses.

Abraham said the firm had revised its forecast for the rest of the year and expects to make a loss of between $8.3m and $8.9m in the next quarter, with revenue of between $58.2m and $58.8m. He said that costs relating to the AdXpose deal, reduced activity by some TV copy testing customers and “exogenous industry circumstances that have stretched the sales cycles for several larger customer transactions” were behind the revised figures.

We hope you enjoyed this article.
Research Live is published by MRS.

The Market Research Society (MRS) exists to promote and protect the research sector, showcasing how research delivers impact for businesses and government.

Members of MRS enjoy many benefits including tailoured policy guidance, discounts on training and conferences, and access to member-only content.

For example, there's an archive of winning case studies from over a decade of MRS Awards.

Find out more about the benefits of joining MRS here.

0 Comments


Display name

Email

Join the discussion

Newsletter
Stay connected with the latest insights and trends...
Sign Up
Latest From MRS

Our latest training courses

Our new 2025 training programme is now launched as part of the development offered within the MRS Global Insight Academy

See all training

Specialist conferences

Our one-day conferences cover topics including CX and UX, Semiotics, B2B, Finance, AI and Leaders' Forums.

See all conferences

MRS reports on AI

MRS has published a three-part series on how generative AI is impacting the research sector, including synthetic respondents and challenges to adoption.

See the reports

Progress faster...
with MRS 
membership

Mentoring

CPD/recognition

Webinars

Codeline

Discounts