Positive trading update from Audioboom, one of the largest independent global podcasting companies, results in a second forecast upgrade in short order. Management reports a high volume of bookings since the Q3 advertising inventory was recently made available. Average fill rates on Audioboom’s Top 50 shows are also exceeding 85%. As a result, signed advertising bookings represented more than 95% of our existing revenue forecasts ($37.5m) and management expects to significantly exceed these. We ....
22 Apr 2021
Strong demand for Q3 inventory drives upgrades
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Strong demand for Q3 inventory drives upgrades
Audioboom Group PLC (BOOM:LON) | 250 0 0.0% | Mkt Cap: 40.9m
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22 Apr 2021 - Author:
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Positive trading update from Audioboom, one of the largest independent global podcasting companies, results in a second forecast upgrade in short order. Management reports a high volume of bookings since the Q3 advertising inventory was recently made available. Average fill rates on Audioboom’s Top 50 shows are also exceeding 85%. As a result, signed advertising bookings represented more than 95% of our existing revenue forecasts ($37.5m) and management expects to significantly exceed these. We ....