SCOR - Earnings call transcript Q2 2020

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Operator

Welcome to the Comscore’s Second Quarter 2020 Financial Results Conference Call. All participants are in a listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. [Operator Instructions] As a reminder, this call is being recorded for replay purposes. It is now my pleasure to turn the call over to your host for today, Mr. Investor Comscore. of Director Ferris, Relations at Christopher Sir, begin. you may

Christopher Ferris

you, Thank operator.

after These reflect our begin or following our like statements. are comments based prepared of prospects to duty view August expectations we new our discussion statements statements today’s plans, about forward-looking remind forward-looking on the I’d any and call. that XX, update remarks, Before XXXX. obligation and disclaim include information to you all contains to as our forward-looking today, of We

We press during we will this call, have provided discussing non-GAAP be measures on for reconciliations release website. which in our today’s and

pandemic Chief outlined find I’ll those you turn in Our its risks over These uncertainties of which results other currently and our at economic expected, and include Bill? differ www.sec.gov. of or and future Comscore’s actual COVID-XX XX-Q Officer, materially in the risks call from now related those filings and periods may SEC, with those uncertainties, XX-K, impact. Executive number the on including the Bill because website Livek. the to our can to

Bill Livek

Thank by you, a closures. you you Chris despite progressed update us for from which pandemic some brief review, our has providing on strategic with to like delays and today. I’d related joining the thank start everyone and

maximize have a shareholder long-term to discussions value. with fulsome strategic our process regarding financial We alternatives conducted inactive advisors and are

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maintaining systems Our our done our of job team and infrastructure. IT an outstanding has

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large our for our and using services studio to customers service future. However, they’re actively the to plan remained our committed

experience consumer we despite kept reporting to upgrade all we innovating. re-signed studios, suite large across three large products. recently and movie contracts fact, including the our have multi-year of quarter, analytic challenges, eight unveiled In We customers during the an

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platform launched are the again, we parts world, opening theater partners. Secondly, period. and of partners our generation navigate unique are software for Theaters exhibitor of this our management we the in new many helping

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and the in quarter suite. to product renewals I’d customer success entire wins note like in the had across Finally, our we

Rockfleet business just secured quarter. name Minute Local expansion Media, we CompulseXXX local and described, Bassmaster, solid new of a OTT as digital few. really Sinclair’s our a Broadcasting It Cinedigm from Omnicom for quarter, Cox measurement and was in OnDemand I Shout! to TV the Studios, During Media, suite,

to like over our Greg, to the I’d please? Fink. Chief Financial Greg Officer, Now, turn call

Greg Fink

part The quarter to to expected also quarter from second the continues business, reported million, in Thank you, due $XX.X second in second Today, to contracts. bill. our $XX.X strong, of in of compared we our customer million in digital the the and to in closing compared revenue impacted be XX% quarter to revenue be the year. last primarily renewals last digital million while the quarter revenue revenue readings lower while of planning compared timing revenue to in $XX.X ratings and decrease syndicated movies products. the quarter, we in representing quarter of continue of year-over-year second declined XXXX. $XX.X from revenue enterprise second year. syndicated was reported our million the was be XX% of to planning

some we business from the discussed I As begin to timing quarters. expected contracts it we will part than based and stabilize coming the year closing competitors. the that exit in sequential in will new while decline expectation of this of benefit earlier decline on earlier. optimistic due I our is digital remain flatten our the to basis year, mentioned to on syndicated the from in early a we revenue original expectations higher as

already $XX.X and have was last to with sequentially. solutions to third the of starting activation continued but customers, was existing the compared our the National which $XX.X compared additive TV of revenue in from quarter the to custom to local the realize analytics LiveRamp digital we and XXXX, new our quarter grow quarter year. was in up those customers optimization TV from of decrease revenue the new we second in to customers. year, flat was from to expansion the marketing signed second from revenue due compared reduced in but began to relationship. Revenue be million, second We expect to second some spend quarter. revenue ad flat quarter. revenue million lower prior

revenue-sharing million, prior $XX.X on We the analytics in $X a reporting recovery revenue also to in and million $X.X Movies compared recognized was from approximately one-time revenue the second agreement. in a year. million quarter

smaller quarter, the as service. by pause well many are second In long-term movie of of customers was contracts revenue as our timing While in impacted the nature. from renewals, studio some that

the is timing theaters on revenue movies of continue impact uncertain, closures to we theater to While an reopening reopen. as improve expect do have revenue. theater should

and year-over-year. in marketing, and the expenses, costs year in reductions our ago quarter million, staffing operating revenues we the the include XXXX. to base. operating second $XX prior-year fees. headcount expense professional compared costs. operating $X.X to year by of Turning from headcount Cost decreased quarter sales we core reduction to actions revenues, compared million $X The declined expense to $X.X to and in due and nearly to implemented relates cost R&D declined Selling G&A which of for took G&A quarter, and decreased decreased the and our as and compared marketing lower quarter of all million significant throughout and R&D lower last the reductions in the further million $X.X prior decreases aspects professional from million year fees. cost second

second compensation, some make initiated reduction limited the We instituted much halted cost temporarily begun as and of to to executive reduced suspended realized travel, have discussed half I this internal took hiring May, was investments projects. costs. furloughs, second a additional As actions in short-term and we in quarter we reduce of operational some XXXX. the look of we activities these restart to in freeze,

included SEC an of four million to $X.X the the of million EBITDA loss net to in a the As a back million for the quarterly period million cost we focus $X EBITDA expect was our increase XXXX the the on last a reflects was year. efforts. reported loss quarter ago investigation. round XXXX. $X.X compared In adjusted the related impairment highest net same to of last improving reduction period ongoing levels to merger level the the quarter, adjusted of same of second $XXX.X we for structure, loss conclusion compared $XXX.X first continue the $XX.X quarter, EBITDA in of million charge net million, loss million we $X.X to and second expenses reported year. the such long-term the our improvements while adjusted and quarter since in years second to a charge non-cash cost

for to The result in in $XX.X the payments a primarily a loss million was first in a XXXX long-term decrease of $X.X payment Our the of million net quarter of at interest December compares $XX.X the $XX.X of quarter. non-GAAP the upfront loss We second XX. million million with quarter compared reported payments. was million, to These net offset contract. by a half ended cash total received non-GAAP $X.X which year-ago second cash were

by Looking movies. to forward, and we to spending expect continue impacted be revenues ad

will the that cautious visibility the spending. optimistic however, the second we over are about if last we signed XXXX, economic and until us we growth ad partnerships particularly of months six have into abate. new have revenue benefit in better half headwinds We agreements remain

let Now, operator to questions. it turn the back me to take

Operator

Instructions] from Jefferies. [Operator comes Surinder you. Thank Our first question Thind of

is open. line Your

Surinder Thind

like thank and questions. for afternoon the Good my you to taking with about segment. a TV question start I’d

or increasing have last some color. quarter the providing two, guys you been Over

We’re seeing in local. growth

additional you quantitative on of the talked thinking You addressable. what’s maybe view underneath. be to about more magnitude we of maybe where should bit maybe about get a rates? in of color or provide in size little going those things Just are growth maybe trying Any heading? of terms the segments can the How

Bill Livek

you Greg, take like would to one, that please?

Greg Fink

Sure.

about think we that in just and I remarks. the percentage that prepared that Ratings in my is had So, when you metric digital Planning, provide syndicated

growth we benefit comes that from business. incremental Planning, the some products we within local. in that revenue the that and Ratings quarter Planning, fit year-over-year, about While of starting as there relationship. LiveRamp area, bulk seeing second within mentioned, and in think are as that saw our of TV from we smaller portion And a few Ratings other are And I our

than Surinder, TV and better we’ve try move quarter, to But do and those break aspect. which the were part, most think we the provide they second here few done easiest mathematically, improve I for is, to the had as forward, years the thing a out mentioned before. to in expect the now we be for I percentage, digital As

Surinder Thind

other Perhaps, you smaller, my guess subsegment additional color? maybe percentages that’s maybe the I TV as grows I thought digital the my think to – has fair. of what was within guess was provide. digital one the question terms gotten the the there that itself that and guys in I is provide about syndicated more trying question beyond of quantitative as

Bill Livek

beginning providing looking pie, on always about that’s the you at in transparency But greater comments we’re the Two of always Well, year. had docket. the digital, the product Omnicom now. in prepared of competitors in business when world. so mentioned need privacy-compliant went a the And the the deal the to is think really this our durability Greg matters of privacy that in out the the testament omni and

market and that addressable TV, multibillion-dollar of Now, you it’s local. about billion a comes in at total a a look when in half the market

for a follows important As got TV, time a growth sets. that growth long of And the you can the see And of business. in inclusion on long from knew that, revenue data way the tracks We believe data sets. if driver our we big Comcast growing the to that expansion the be will our one was an piece. a revenue numbers, growth we’ve go

revenue So grow. an important if every look decade add operator, back we that, over you does and go at new time a you

the future, for not the past. what happened course, that’s prediction Now of but in that a has,

business all excited those we’re verticals. about So

Surinder Thind

phrase the follow you about very little you some patents privacy, maybe release that in and as that’s Okay, than a Can point? point, collection about importance earnings way, you an the down call the concerns maybe right that press important privacy and bit data a that out around related, given that that your the this as of at the Is the bit of to well your the then prior. on path? helpful. maybe little patent the at achieves that, trying And competitors comment Is – talk can’t there this more specifically other advantage I’m actually called guys this that? data

Bill Livek

been, the that. Privacy from And Cable the taken when And Act. legislation added the road we privacy beginning, always you have on data we’re add by around now top TV the California our Act of of sets, governed on business. Well, other privacy, We’ve also Gramm-Leach-Bliley.

that So we’ve and we a advantage. been believe big always always was hypersensitive, business

license is world privacy. penalties where of Now, that it happening companies use and in actually information not there’s dealing they for is if the

this patents know, promote advantage now, competitive you helps for this And along it’s our And those large that takes we more of it be way way. that deep have. us. that will moat customers in lines. So years other a market these And strategic wide we have that to build. we patents along us. become pending difficult believe are it’s continue and some create, spend to and one going believe with also will a another with patents of create to a that number does It to is And related all more. we the that to And as enter these

the So these will investors term, that that see our I are hope long those labors. of fruits things

Surinder Thind

That’s then you movie provide the little about between of of shortened release exclusivity? maybe a to a of maybe and on that that helpful. was theatrical may or was days. the bit going maybe, turning think implications some changes Universal color AMC long-term the XX the Can sense that there, about maybe talk business. to in I the little recent as be there agreement And as

You dynamics? like does to we alluded how seems also should change revenue change? fundamental model guys think that? How it in that that earlier so there. offerings, And does or terms growth business product of about of And potentially your but changing the it some the might be

Bill Livek

it We actually them I – payment. think growth our opens It up. don’t impairs

not of majority and it is deal, ticket the days. need a comment can system, on creators to refreshes box their they first every real-time I’m AMC cut minute going have we weeks, content office the and to revenue that sales. which the see XX But then movies, what companies, that. is most actually what happens for And at the few the in look you if So business

the about happens the think new it line to line that a If theater, the and of that numbers with numbers on location are the next go a now. of dive manage you in locations rates on-demand pandemic, Greg – release of and the then different further when right the of content buy so then total, And in with a way that it. and into right because you the a gives owners to that shows then geographic I,

can in You ticket at make the how promote is areas the different that and then our on-demand content. how look market local platform platform. the And in to theatrical of a want can sale decision the they movie company

business, I devil we the we’ve innovate. on joined. the started And long are And information is pandemic, So, us, when when movie we’re that’s like here. good I as ahead best as Fractionalization is in good business. can for business say efforts. fragmentation And as TV And you the an us. of with days the getting innovating the it fall for the as very complicated down doubled and now our

is good this think I trend So a actually us. for

Surinder Thind

apologize. here, question That’s helpful. final And one then I

so many driven COVID-XX sense are in there that there just One by comment terms of mentioned during number number these the you within renewals you there movie Can you something that was of the occurred coincidence things Was that a it? in to entered that quarter? contracts? something into there have of multiyear was on was Or it renewals that of, the that that the it sense segment. was was makes that

Bill Livek

are serendipitous expect, we for that the March had just looks with you like. all we contracts renewal. those up of month what and of world America, of It a COVID number hit events and trying can as to was And the that comfortable were get in May, April one as

those There to piece. negotiate created contracts nothing unusual And you other So We questions. it. pandemic, it for was your obvious than thank which appreciate signed. took then that longer get reasons. the But for

Surinder Thind

you so Thank Yes. much.

Operator

you. Thank

comes Laura question of next Needham. Martin Our from

Your open. is line

Laura Martin

I of will all mine do three once. at

So it not in cost compared year-end. these Can quarter. a raising the integrated you how that long when of you between costs start you affects to when to the the like get great prices? It P&L? you’re Comcast till control lag remind So them us is? lag integrate sounds going How

Comcast getting P&L seeing into So question. first That’s positive cost the year, the I’m aspects do couple of next I but my of start this quarters? only next over

revenue second did that your year-over-year. is, have movies down XX% XX% always long-term published The is movie of contracts. under I’ve We

– hoping see movies, you’ve is else from for that in you is going So for that those half great is my of be then did my the I’m all in, renewals even is, third question that them this is, might number guys. the a to though be buoying that on bottom will going And more in it Thanks, My this in business. And of right, and contracts? long-term couple if question that was – be and go point year year-end, maybe under we’ll second means downside rolling this they is to in it of forward? the is, successful capture level, goes actually, this the I’m revenue movie partnerships interested a signed announced this is and $X like opening upside which everything aren’t if just now, kind new by specifically we August where off is quarter? coming through and million quarters. because Or quarter second bunch these revenue of

Bill Livek

the are Thank and in with And little on Spain. that crystal Greg revenue effect. at, surprised bottoming passed seeing But you movies the there’s that is very will much, we subsequent believe quarters. Laura, definitely the broke pandemic, And the what Laura blockbuster business that those questions. new signed, personally business, theater. just we my we’re what the further. renewals for let I’ll that although that I I out comment But roll are have on the quarter ball new out not coming movie any in in The resiliency been in anticipating very

one the got they the down open And locked “Father called they There’s was the Comscore to provided, As using and actually, open on beat growing. week-over-week, are countries translated, when then badly. One movie pretty better original. all sequels analytics first of back to and And and it pandemic, the that them. shows they know, theaters, we do Spain going in forth than the actually Only rarely sales ticket that original, this family-focused This actually And X.” and decided loosely it’s the attendance movie, were

Yes, up. to feels here. to then treatment. right revenue it see going an Comcast have it And this and not we accounting of is address. the bottom will Greg. turn effect theaters like numbers I those? the the So any on I on until to on think see of before – you to And next going we’re would start let we’re been I’m we’ll year. like open Greg, Greg over And recognizing comment your see as piece, now. And to costs

Greg Fink

salient think I Bill. you points all hit the there,

I I about movie think when on be we’re customers pausing clear were – long-term contracts think, theaters And back. think it, and those small the to on you trying we of about service. open, as Laura, should come side, those

see, forward. that improved think that And number so benefit data around year us will as the going that, you of openings, we

done. So forward cost said yes, building that on benefit we out and today, And that’s when should recognizing the that. fully on Comcast, I what are Bill would moving we reiterate and see

Laura Martin

questions. much on work quarter, excellent taking the guys. Thanks the Really, for very

Bill Livek

Laura. you, Thank

Operator

you. Thank

Truist Our of Securities. next Brom question Matthew comes from

line open. Your is

Matthew Brom

quick Hey, taking ones, of the Greg. couple Maybe, a Thanks I could. Hey, Bill. questions. if for

On the first one, maybe Greg. for

kind XQ about XQ felt XQ? as just obviously, XQ, sequential XQ revenue the first and think was like there reason we Is it prevent is wouldn’t improvement we the versus unusual of would year, anything like pain. there any versus see in we was XQ XQ maximum growth a think about that some question. As and – given, sequential linearity That for

in versus you you run normal can been prior lift really strategic I what that us Starboard just August, was around play, question, Any what there political apologize for but And seem August. a a Thanks the the to extended meant how the rate like curious, on or of review. early as kind think remember on kind of that in in into has guys. whether guys about kind the I was with cycles, this agreement just a looks there what implications of remind covered, just has of political be would we late, maybe strategic helpful. if comes jumped are? the date Second I And extension I’m update review, date year? that that agreement sometime finally, just of was then

Bill Livek

like Greg, first? take this to would you

Greg Fink

Sure.

the with growth. Matt, first sequential around start me Let question,

know, you we removed May. back in guidance As

guidance quarter quarter we of that we What items and quarter, movies, customers think to I business custom a you haven’t areas fourth QX, of that’s mentioned, amount year certain I XXXX. about could as as be a given will specific pausing used QX and last about fair positives to But service, that. the in the So company can the specific And as imagine. giving lower contracts, say in those turn around done company. talked and the change guidance as the to remarks, term things timing talked And my over optimistic is ad the historically, about be of the some are in is how today and as better like I tends QX optimistic given quarter it for the Activation. that course difficult, given as spend second of as that for relates we of yes, out back look environment, closing well if I’ll usually you the

sequential there’s wait we for how as have think think growth, I I specific to room here. So, But to out. plays optimism far that see some as

we never the On we’ve side, given political an typically specifically generate. that amount

XXXX. elections. into more thought mid- in XXXX elections If would presidential the been that pretty than we be And year coming strong, you have like go back time, better year

We some as that But of expect to commitments, amount a of we we enter are contracts the back fall. and minimum we in the half haven’t and we see election call that fair do do what the approaches to the that here have seen of develop year date. as

currently we’ve agreement benefit we So number, never expect think that his around the as then a I move to we of we the And review to did Bill said and working bring looking quarter in do from the and on your had can. see the earnings as to that Starboard, that August end with correct. to we it QX. do expire relates last but specific you’re through conclusion remarks, some It to question before quickly given as And X, third – we’re the on call. we’re strategic resolve as as

Matthew Brom

Appreciate Great. Thanks guys. it.

Operator

you. Thank

next Richard – is our Richard, open. from is line Richard Arete. question from next question from comes Krame your Our

Richard Krame

My these very maybe competitors that your and into some your Thanks the of can MPVDs you be little you with these us yet to – Kramer opportunity size Because second A we’re the guess, in – worked square about your claim how of strategy, engagement entry renewals. much. one. historically a revenue mentioned. some you just from with strategy, share? of can And question Arete. I is seeing something, It’s addressable and solutions take getting large who first market I Richard you go-to-market this regular is that’s your longer-term of and have, with stream MPVD-centric national the to just numbers. break a your bit you of I’m base accounts trying And currently will whereby can more question your give not sense a

see the providers, of making a acquisitions. tools few You world, Mediaoceans the quite

it’s deal you. not, can You to made customer the something the And review? trying the you on clear fitting be you the little like see bridge you material it you just I into yourself How I the or consolidating of companies can think out, And springing to what be that interesting. Thank and very Can identify but if sales video strategic to one. your is them a you deal, Ramp up, or be know if that LiveRamp break to don’t know third see at And address you’ll space? end digital maybe but that the HudsonMX. quick a also need you do economics of seems mentioned? would also prepayments, don’t a new

Bill Livek

share take I’ll the to start All I’ll HudsonMX right. with. Mediaocean, with this, Richard, Greg.

are like partners, and HudsonMX our Mediaocean They a and be partners. not will software of are for long, system, are super are time. a long We valuable business we in they are. not they And the in providing we that believe

addressable piece first of space. On that were the we to measure company the puzzle, the in

networks, then the that had as addressability largely national broadcast was and OpenAP And local that and networks. SUV our the An gave with like program. of decide what’s they example that before. example, of with with spot like in – like tool, others, it, because a in a inventory can one segment And manufacturer I four-door working advantage we buys Viacom, DISH is was an infrastructure. piece. particular customer AT&T. the that for first-mover to cable and to people And auto great the Greg a and I’m an for – cable then on with shot that customer as CBS, upscale that commercial So are and We was great see want I then And networks will be take down now. sedan. happening The a a old may an for man network inventory piece with

to been in So – out have course. also we there. when of tell, before the networks, ramp But you the we time our will that listen the here, best believe customers has taken by excited part solution Time it. And are more infrastructure. it’s television

year we’re to pandemic on And super Now to bumper as LiveRamp over in back. advertisers was what XXXX But Greg. in back think is pulling I that and pass going the place. supposed the good a has to infrastructure a be one piece, were I’m pushed out

that think financial I question. a was

Greg Fink

Thanks, Bill.

or any As that will we in it began that structure remarks, And as our relates customer specific we And revenue to of have LiveRamp, we license around. the around the recognize don’t really moving obviously, quarter. revenue details to forward in contracts specific given deal. we the prepared stated economics provide

Richard Krame

quick one Okay. And just maybe follow-up.

given like do I’m renamed for I the fire attention compete involved to to that preferred in Just addressable or they’ve the to when many MPVDs NCC, many and thinking which this irons got the How in in Ampersand, they understand, so many irons in have so you the have solution, Comcast, someone of they’re to their seem is, fire about become guess, market? block seem graph.

Bill Livek

at look been – if to market. In a is going the Comcast we’ve be the integrated Miami-Fort AT&T if I’m Lauderdale years calling when DISH Well, a you and it’s from Comcast measuring the is now, would. market. market, DirecTV, for – is you which the as dozen your world

information. driven DISH And with was AT&T in ad agencies an fact do, age we approach at fully because was Universe, it integrated, importance overstate of is Once in result the can First, DirecTV you demographics census into with I and with then understand can that. granular gender Comcast. a you look did schedules, at Comcast product have ad cannot that and outcome-based then soon beyond in you it like look and augmented very schedule movement. ad When

believe will census because them. for integrated, our I So the solutions operators, fully we’re embrace complete once it’s

in I best So we’re think new positioned world. this

Richard Krame

Thanks. Okay.

Bill Livek

Richard. you, Thank

Operator

Loop Thank Instructions] Capital. Gould you. comes Our [Operator next Alan question from of

Your open. line is

Alan Gould

taking got for I’ve few questions. Thanks the a please.

they a there’s of more – a much is do can to First, in for we the but third-party said, to demand platforms? measurement like any have digital I it that it starting them cetera, they’re ourselves, little Bill, realize date, large how there sounds change can lot mean, get the rates, by transparency? et better

Bill Livek

increase seen question, time. the over Yes. that demand I’ve On

companies our because privacy it folks the I with driven. walled working work of these been think approach to is Part also, are part gardens. of That’s with some that about talking doing third-party want not the environment we’re also do of I to part optimal. relates is think own they measurement. in, that that necessarily measurement now that its company And political a

positioned panel when also. piece we’re panel, less case important I measurement we’re an And census years relevant add yes, well few a that you hypersensitivity world. to our digital, panel will say privacy, one is in do in positioned So could that believe in ago, be But where with a there. to a make well also because a

in I feel good So digital. we where are

Alan Gould

Okay. opportunity just is it’s if inside how measuring also my next networks open measuring question, and PVOD on for network? one an PVOD And big both of you,

Bill Livek

Alan, folk’s information, but access because access owners to with darn significant too content has to content. certainly complex. just have it’s what opportunity, the don’t The it’s they happens I think other of on the

to relevant, the long, my in everyone’s always to investment content. So, Comscore I content for least different what’s across horizon piece believe, demand, of time, on that’s need be right? how Because does. And our of the operators. because has see meant all there transparency content going the a is why relative success on, a long at It’s competitors’ the will

not relate does they other I doing – not how platforms? PVOD, just that or about the doing good? it’s So question. they dollars or answers to are that it good great on so are it’s hope counting And

Alan Gould

long-term then And reason review, there? is Okay. shareholder value is strategic any my maximizing you chose regarding there your of last that is long-term terms the question in

Bill Livek

right. All

we’re class. with Now an dealing English

to this Greg hand I’m address Greg? over to going to So that one.

Greg Fink

would I of characterize best to the just where way Yes. thought we’re about kind at. say we that

this bring We’re conclusion. going to to

was remarks And continue make Alan, in potential going decision think maximize end quarter. of shareholder we’re we all we’ve his outcomes the a as here the by third be previously, long-term about to clear, to Bill to focused on value. I said

Alan Gould

Greg. Thanks, Bill. Thanks, Okay.

Bill Livek

You’re welcome, you. Thank Alan.

Operator

remarks. showing I’m Chief further the no like Executive I’d for time. over questions turn you. call Livek, to this any closing Bill Thank to at back Officer

Bill Livek

and super look remain with on to we care. Take as recover I’d excited operator, will through the to summary, in like I’d you of health we’ve us entire customers the Thank part, results this care the you continue to we’re like myself and at in all Comscore, just essential the and made manage that we I’m company today. our do responders, progress from to first say communities the And our heartfelt this And operator. you, fellow with and Thank we that our ultimately wishes upcoming pleased our all best preserve sharing soon. Comscore front environment team future helping you On in the to period. that about we to Thank and employees. our in and quarters. behalf workers progress talk environment hope despite citizens pandemic, forward our for unprecedented you to joining in. lines on we’re in. XXXX the our send in of

Operator

gentlemen, today’s conclude and does Ladies participating. this for you. conference. Thank Thank you

You may all a day. Have disconnect. great

comScore (SCOR) 10 Aug 202020 Q2 Earnings call transcript