Brief: Tremor International Reports Q2 Adjusted EBITDA of 21.0 mln USD

Nexxen International

17/08/2023 07:17

Aug 17 (Reuters) - Tremor International:
    * TREMOR INTERNATIONAL LTD Q2 ADJUSTED EBITDA 21.0 MILLION
USD
    * TREMOR INTERNATIONAL LTD - MANAGEMENT EXPECTS INCREASED
ADJUSTED
EBITDA AND ADJUSTED EBITDA MARGINS IN H2 2023 COMPARED TO H1
2023
    * TREMOR INTERNATIONAL LTD - LOWERING ITS FULL YEAR 2023
EXPECTATIONS
    * TREMOR INTERNATIONAL LTD - FY 2023 ADJUSTED EBITDA IN A
RANGE OF
APPROXIMATELY $85 - $90 MILLION COMPARED TO PREVIOUS
EXPECTATIONS FOR A RANGE OF ABOUT $140 - $145 MILLION
    * TREMOR INTERNATIONAL LTD - ADJUSTED EBITDA SIGNIFICANTLY
REBOUNDED BY 137%, AND ADJUSTED EBITDA MARGIN DOUBLED, IN Q2
2023 COMPARED TO Q1 2023

Further company coverage:  TRMR.L 

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