UK digital ad services firm Dianomi falls on bleak outlook
13/12/2022 10:55
** Shares of Dianomi Plc DNM.L fall more than 15% to
107.50p
** The digital advertising services firm sees 2022 adjusted
core profit lower than consensus market expectations at about
half of that for prior year
** Co says new advertiser spend in the second half of the
year has not grown as expected
** DNM says short-term industry digital ad spending
forecasts reduced from March guidance on macroeconomic
challenges
** Including session's losses, stock has slumped more than
73% YTD
(Reporting by Aby Jose Koilparambil in Bengaluru)
((abyjose.koilparambil@thomsonreuters.com))