Zinc Media provides a further strong FY22e update, with revenues now guided to be ahead of recently upgraded market expectations. Healthy organic growth momentum has continued through Q4 and has been further augmented by The Edge acquisition, which is now performing ahead of initial expectations per management. Zincs organic revenue growth (25%-30% y/y) reflects an attractive demand backdrop for high quality content, as OTT streaming platforms and other media channels compete for traffic. Zinc M ....
07 Feb 2023
Strong update; further upgrades to FY'22e
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Strong update; further upgrades to FY'22e
Zinc Media Group plc (ZIN:LON) | 77.5 0 0.0% | Mkt Cap: 17.6m
- Published:
07 Feb 2023 -
Author:
Harold Evans -
Pages:
3
Zinc Media provides a further strong FY22e update, with revenues now guided to be ahead of recently upgraded market expectations. Healthy organic growth momentum has continued through Q4 and has been further augmented by The Edge acquisition, which is now performing ahead of initial expectations per management. Zincs organic revenue growth (25%-30% y/y) reflects an attractive demand backdrop for high quality content, as OTT streaming platforms and other media channels compete for traffic. Zinc M ....