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Nexxen Reports Third Quarter 2024 Financial Results [Yahoo! Finance]

Nexxen International Ltd. - American Depository Shares (NEXN) 
Company Research Source: Yahoo! Finance
Achieved % 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. Q 2024 Financial Highlights Record Q3 Contribution ex-TAC of $85.5 million, up 12% year-over-year Record Q3 programmatic revenue of $81.6 million, up 10% year-over-year Record Q3 CTV revenue of $29.7 million, up 52% year-over-year CTV revenue reflected 36% of programmatic revenue, up from 26% in Q3 2023 Programmatic revenue reflected 90% of revenue, compared to 93% in Q3 2023 Adjusted EBITDA of $ Show less Read more
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