comScore to Update Investors on Friday

By Jon Lafayette
( Broadcasting & Cable )
published

comScore said it plans to update investors on a conference call Friday morning.

The measurement company has been under a cloud since June when it said it would be unable to complete its annual report because of a review of accounting issues. Since then it has not been able to file reports for the first two quarters of this year.

Earlier this week, Serge Matta, who was CEO of comScore when the review was disclosed, resigned as executive vice chairman. Matta was replaced as CEO in August by Gian Fulgoni, the company’s co-founder.

Related: Viacom Ad Deals Using comScore Data

The accounting issues are believed to be related to the company’s handling of some non-cash income.

Because it hasn’t filed annual and quarterly reports, the company has been threatened with having its stock delisted by NASDAQ.

Jon Lafayette
Jon Lafayette

Jon has been business editor of Broadcasting+Cable since 2010. He focuses on revenue-generating activities, including advertising and distribution, as well as executive intrigue and merger and acquisition activity. Just about any story is fair game, if a dollar sign can make its way into the article. Before B+C, Jon covered the industry for TVWeek, Cable World, Electronic Media, Advertising Age and The New York Post. A native New Yorker, Jon is hiding in plain sight in the suburbs of Chicago.