Zoomermedia (TSE:ZUM) has released an update.
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ZoomerMedia Limited reported a decline in revenues to $46.1 million and a net loss of $2.7 million for the third quarter of 2024, compared to the previous year’s higher revenues and a net income of $0.3 million. These results demonstrate a challenging fiscal period for the multimedia company, which targets a broad demographic including ‘Zoomers’ aged 45+ and younger generations.
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