Nexxen Share Discussion Threads

[gadgie2] 07/11/2024 13:26

stagwell cloud double digit growth

“Clients of the Stagwell Marketing Cloud can leverage the Nexxen Data Platform, specifically Nexxen’s proprietary identity graph and Stagwell’s clean room capabilities, to effectively maximize their campaigns with unified and comprehensive views of valuable audiences across touchpoints and devices, in a privacy-compliant manner.”

[gadgie2] 07/11/2024 13:24

Mark Penn, Chairman and CEO, said, "Stagwell delivered 15% year-over-year revenue growth in the third quarter, led by a return to double-digit growth from our Digital Transformation capability as AI has required companies to rethink the ways they engage with consumers. On the heels of our single largest deal to date with Adobe and expanded relationships with leading brands like United and Microsoft, net new business of over $100 million in the third quarter brings our last twelve-month net new business figure to $345 million, another record for Stagwell.

"New business momentum, robust performance from Digital Transformation, and the culmination of a political season that broke fundraising records, gives us confidence that our vision is resonating with customers, and sets the stage for a strong close to H2," added Penn.

Frank Lanuto, Chief Financial Officer, commented: "Stagwell posted growth across all our principal capabilities in the third quarter, as the inflection we anticipated played out. Driven by double-digit growth in both Digital Transformation and the Stagwell Marketing Cloud, we delivered third quarter revenue of $711 million. Simultaneously, we grew our adjusted EBITDA to $111 million, representing a 19% margin on net revenue, an improvement of approximately 15 bps over the prior year. These results give us confidence to reiterate our full-year guidance."

[gadgie2] 07/11/2024 07:35

ITV digital revenue up viewing up

[gadgie2] 06/11/2024 20:14

Market likes Peri results .... totally dependant on Yahoo search now that Bing has gone in the Market for M&A

I see consolidation this year TTD flying ... Bring on single listing

[tapa7] 06/11/2024 17:10

Barkboo I didn't understand sorry?

[gadgie2] 06/11/2024 14:06

expiration of a creditor objection period is up on 15-11-25 ( 30 days ) share re purchase

[gadgie2] 06/11/2024 13:50

Sterling growth except loss of Bing Revenue ....

[gadgie2] 06/11/2024 13:48

Perion .....

Third Quarter 2024 Business Highlights

On a proforma basis, DOOH revenue increased 63% year-over-year to $19.1 million, representing 23% of Advertising Solutions revenue compared to 11% last year.
Retail Media1 revenue increased 62% year-over-year to $21.0 million, representing 26% of Advertising Solutions revenue compared to 13% last year.
CTV revenue increased 19% year-over-year to $9.5 million, representing 12% of Advertising Solutions revenue compared to 8% last year.
Open Web2 Video revenue decreased 63% year-over-year, representing 14% of Advertising Solutions revenue, compared to 32% last year.
Search Advertising revenue decreased 76% year-over-year to $20.9 million, representing 20% of total company revenue. Our contract with Microsoft Bing, which, as we previously reported, represents less than 5% of our overall revenue run rate both currently and going forward, will not be renewed at its conclusion at the end of 2024. As per the terms of the contract, there is a tail period that is expected to generate revenue in 2025.

[barkbooo] 06/11/2024 13:34

Tapa - “Nexxen is expected to announce 13% YoY growth and a significant decrease (yet again) in earnings, correct me if I am wrong driven by a loss of ctv share in terms of the overall business (thanks to the great Amobee acquisition). Given that the expectations are for earnings to shrink”

Market don’t seem to agree?

[tapa7] 06/11/2024 13:10

Markets on fire.
Pays to have an American portfolio today, you'd be up 2% just in FX pre market.

Russel almost 6% up.
Trump reigniting COVID vibes.

[tsmith2] 06/11/2024 11:59

38k at 3.25 just bought?

[gadgie2] 06/11/2024 11:43

Hi Midas can you feedback peri results please .... Mobile today thnkx

[john09] 06/11/2024 11:18

Oooooo Digipooos , gadgipoooos and barkipooos the perennial failures here all happy together with that tractor one lmao

Watch and learn folks

[gadgie2] 06/11/2024 11:16

One love Digi

[john09] 06/11/2024 11:11

Wait for the us market to open this will lumpy upwards

[barkbooo] 06/11/2024 11:10

Gadgie - I think we will all do ok now….well done to all family here….

Digi - not heard from you since the 22nd August…hope you are still in and now enjoying the corner here. Good health my friend.

[john09] 06/11/2024 11:09

Lmao. “Barkypoooooooooooooos” bought at every price imaginable (apparently) all the way up and over a decade . He’s a thick sea nut like you 🤣

[gadgie2] 06/11/2024 10:36

Barky brought at £1.35 must say big balls Barky to average down like u did buddy great call

[john09] 06/11/2024 10:28

Actually it started when I paid 235p 3 months ago but enjoy

[gadgie2] 06/11/2024 09:53

Say goodbye to £3 and hello to £4 it all starts today IMHO

[midasx] 06/11/2024 07:58

Perion today pre-market open.

[john09] 06/11/2024 07:46

Team TRUMP 💪

[wheeze] 06/11/2024 07:03

Nexxen International Ltd. (AIM/NASDAQ: NEXN) ("Nexxen" or the "Company"), a global, flexible advertising technology platform with deep expertise in data and advanced TV, will release its financial results for the three and nine months ended September 30, 2024, before the U.S. market opens on Friday, November 15, 2024.

[john09] 05/11/2024 21:33

Gadgiepooooooooooooooooos

[gadgie2] 05/11/2024 21:30

Misunderstood buddy re Trump