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Pin to quick picksDigitalbox Share News (DBOX)

Share Price Information for Digitalbox (DBOX)

London Stock Exchange
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Share Price: 5.85
Bid: 5.60
Ask: 6.10
Change: 0.00 (0.00%)
Spread: 0.50 (8.93%)
Open: 5.85
High: 5.85
Low: 5.60
Yest. Close: 5.85
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IN BRIEF: Digitalbox Loss Narrows As Quickly Adapts To Challenges

Tue, 8th Sep 2020 14:10

Digitalbox PLC - digital media business - Reports revenue growth to GBP983,000 for the six months to the end of June from GBP712,000 a year earlier, with pretax loss narrowing to GBP102,000 from GBP713,000. Administrative expenses were reduced to GBP818,000 from GBP1.1 million year-on-year. Digitalbox said growth in traffic and revenue in the first quarter helped to alleviate the impact of Covid-19 in the second quarter. "We quickly adapted to deal with the new environment, and our content teams made a seamless switch to homeworking. Running a primarily automated commercial operation through programmatic and header bidding solutions has enabled us to continue the trading of our inventory without disruption," explained Chief Executive James Carter.

Current stock price: 5.60 pence

Year-to-date change: down 16%

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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