Tremor has reported a strong set of FY19 results and announced a prudent $10m buyback. The results are in line with January’s trading update, and demonstrate strong growth in Digital Video and Connected TV (CTV) advertising. Tremor has also seen a solid start to FY20, but COVID-19 could markedly affect a number of its clients. The management and board highlight that it is too early to fully assess the impact of COVID-19 on Tremor’s FY20 outlook, and we consequently leave our FY20
31 Mar 2020
Tremor - Strong FY19 results highlight Tremor’s potential
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Tremor - Strong FY19 results highlight Tremor’s potential
Nexxen International Ltd. (NEXN:LON) | 233 -5.8 (-1.1%) | Mkt Cap: 326.3m
- Published:
31 Mar 2020 -
Author:
Michael Hill | Cavendish Research -
Pages:
44
Tremor has reported a strong set of FY19 results and announced a prudent $10m buyback. The results are in line with January’s trading update, and demonstrate strong growth in Digital Video and Connected TV (CTV) advertising. Tremor has also seen a solid start to FY20, but COVID-19 could markedly affect a number of its clients. The management and board highlight that it is too early to fully assess the impact of COVID-19 on Tremor’s FY20 outlook, and we consequently leave our FY20