Nexxen Reports Third Quarter 2024 Financial Results
Nexxen International Ltd. - American Depository Shares (NEXN)
Company Research
Source: GlobeNewswire
Generated 12% year-over-year Contribution ex-TAC growth in Q3 2024, fueled by record Q3 CTV revenue which increased 52% year-over-year Achieved 49% year-over-year Adjusted EBITDA growth in Q3 2024 while expanding Adjusted EBITDA Margin as a percentage of Contribution ex-TAC to 37% from 28% in Q3 2023 Reaffirming full year 2024 Contribution ex-TAC guidance and raising full year 2024 Adjusted EBITDA guidance NEW YORK, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Nexxen International Ltd. (AIM/NASDAQ: NEXN) (“Nexxen” or the “Company”), a global, flexible advertising technology platform with deep expertise in data and advanced TV, announced today its financial results for the three and nine months ended September 30, 2024. Q3 2024 Financial Highlights Record Q3 Contribution ex-TAC of $85.5 million, up 12% year-over-yearRecord Q3 programmatic revenue of $81.6 million, up 10% year-over-yearRecord Q3 CTV revenue of $29.7 million, up 52% year-over-yearCTV revenue reflected 36% of programmatic r
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News
- Nexxen International Ltd. (NASDAQ: NEXN) had its price target raised by analysts at Needham & Company LLC from $8.50 to $9.50. They now have a "buy" rating on the stock.MarketBeat
- Nexxen Reports Third Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- Earnings To Watch: Nexxen International Ltd (NEXN) Reports Q3 2024 Result [Yahoo! Finance]Yahoo! Finance
- Nexxen to Participate in the RBC Global Technology, Internet, Media and Telecommunications ConferenceGlobeNewswire
- Nexxen to Announce Third Quarter 2024 Financial Results on November 15, 2024GlobeNewswire
NEXN
Sec Filings
- 11/20/24 - Form 6-K/A
- 11/19/24 - Form 6-K
- 11/15/24 - Form 6-K
- NEXN's page on the SEC website