Taptica management has made rapid progress with its consolidation of the Tremor Video DSP business bought in August, completing it ahead of schedule. Strengthened management with new targets, budgets and controls have paid immediate dividends; achieving profitability in Q4 rather than FY 2018. Alongside continuing strong performance in the core Mobile Advertising business, this will see a significant uplift in margins, profit and cash flow for FY 2017. We therefore lift our FY 2017 earnings e

04 Jan 2018
Fast forward for video DSP acquisition

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Fast forward for video DSP acquisition
Nexxen International Ltd. (NEXN:LON) | 372 41 3.0% | Mkt Cap: 479.1m
- Published:
04 Jan 2018 -
Author:
Cavendish Research -
Pages:
4 -
Taptica management has made rapid progress with its consolidation of the Tremor Video DSP business bought in August, completing it ahead of schedule. Strengthened management with new targets, budgets and controls have paid immediate dividends; achieving profitability in Q4 rather than FY 2018. Alongside continuing strong performance in the core Mobile Advertising business, this will see a significant uplift in margins, profit and cash flow for FY 2017. We therefore lift our FY 2017 earnings e