IN BRIEF: Audioboom upgrades guidance amid Showcase revenue growth
Audioboom Group PLC - Jersey-based podcast publisher - Confirms that Showcase revenue has risen as anticipated, surging 49% higher year-on-year in October. Showcase is the group's global advertising technology-based marketplace. The group therefore now expects to report adjusted earnings before interest, tax, depreciation and amortisation profit of USD2.8 million for 2024, ahead of a company-compiled market consensus of USD2.5 million and ahead of the company's own USD1.0 million forecast in mid-October. This compares to an adjusted Ebitda loss of USD396,000 in 2023. Read More