Nexxen (NEXN) provides the following financial guidance for full year 2024: Reaffirming full year 2024 Contribution ex-TAC in a range of approximately $340 – $345 million; Raising full year 2024 Adjusted EBITDA to approximately $107 million from approximately $100 million; Reaffirming full year 2024 programmatic revenue to reflect approximately 90% of full year 2024 revenue; Management expects the Company to increase its technology, data, AI and Generative AI investments in Q4 2024 and full year 2025 to further its platform and data advantages.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks