TREMOR INTERNATIONAL LIMITED (GB:NEXN) has released an update.
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Nexxen International Ltd, a global advertising technology platform, reported a notable 12% growth in Contribution ex-TAC and a 49% increase in Adjusted EBITDA for Q3 2024, driven by a 52% rise in CTV revenue. The company also announced a new $50 million share repurchase program and plans to restructure its trading approach to enhance investor appeal and reduce complexity. These strategic moves, along with partnerships and data-driven solutions, underscore Nexxen’s commitment to maximizing efficiency and returns in the AdTech space.
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