Tremor has announced Q3 net revenue growth of +18% yoy to $76.6m, Q3 adjusted EBITDA +4% ahead of consensus, and plans to buy back an additional $20m of shares. Q3 net revenue is in line with Q3 consensus of $76.5m, with the Programmatic division driving the group with net revenue growth of +23% yoy to $74.2m. After successfully realising $65m of annualised synergies from the Amobee acquisition at Q2 23 results, strong cost control has delivered Q3 adjusted EBITDA of $21.3m, which is +4% ahead o ....

22 Nov 2023
Tremor - Q3 EBITDA +4% ahead, new $20m buyback planned

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Tremor - Q3 EBITDA +4% ahead, new $20m buyback planned
Nexxen International Ltd. (NEXN:NAS) | 0 0 0.0%
- Published:
22 Nov 2023 -
Author:
Michael Hill | Kimberley Carstens -
Pages:
25 -
Tremor has announced Q3 net revenue growth of +18% yoy to $76.6m, Q3 adjusted EBITDA +4% ahead of consensus, and plans to buy back an additional $20m of shares. Q3 net revenue is in line with Q3 consensus of $76.5m, with the Programmatic division driving the group with net revenue growth of +23% yoy to $74.2m. After successfully realising $65m of annualised synergies from the Amobee acquisition at Q2 23 results, strong cost control has delivered Q3 adjusted EBITDA of $21.3m, which is +4% ahead o ....