TRMR.L Share News (TRMR)

Tremor reports weaker first quarter as advertisers hesitate

(Sharecast News) - Advertising technology specialist Tremor International reported a first quarter contribution excluding traffic acquisition costs (contribution ex-TAC) of $66.9m on Tuesday, down 6% year-on-year.

IN BRIEF: Tremor International swings to quarterly loss, revenue down

Tremor International Ltd - New York-based advertising technology company - Posts revenue of USD71.7 million in the three months ended on March 31, down 11% from USD80.9 million a year earlier. Says the decrease is due to "well-documented" weakness in the financial technology sector. Swings to pretax loss of USD14.4 million from a profit of USD14.6 million, as research and development expenses rise to USD13.2 million from USD6.4 million the year before. Adjusted earnings before interest, tax, depreciation and amortisation fall to USD8.9 million from USD38.7 million. Says the decrease is exacerbated by "a weak advertising environment during the first quarter".

UK earnings, trading statements calendar - next 7 days

IN BRIEF: Tremor inks deal with Scope3 to offer green media products

Tremor International Ltd - New York-based advertising technology company - Announces a global partnership with Scope3 which will see Scope3's carbon emission measurement methodology applied to CTV inventory. Says that through Unruly, the supply-side platform in Tremor's platform, buyers can access Green Media Product curated deals - powered by Scope3 data - across premium display, video and now, CTV, to achieve performance goals while mapping and measuring the carbon emissions of their media spend.

TRADING UPDATES: Mosman output up; Uru notes drilling at Zeb project

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Tremor in talks with Goldman Sachs; currently not in sale process

(Alliance News) - Tremor International Ltd confirmed on Wednesday it was in talks with Goldman Sachs as a financial adviser.

Tremor International denies sale process speculation

(Sharecast News) - Tremor International responded to recent press speculation on Wednesday morning, confirming that it is in discussions with Goldman Sachs as an ongoing financial adviser.

LONDON MARKET MIDDAY: Credit Suisse leads bank shares deep into hole

(Alliance News) - Equity prices in Europe traded sharply lower in afternoon dealings on Wednesday as banking shares once again bore the brunt of a bruising stock market sell-off, with investor confidence in the sector depleting rapidly.

AIM WINNERS & LOSERS: M&A prospects lift Purplebricks and Reabold

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

UPDATE: London listings commenting on exposure to Silicon Valley Bank

(Alliance News) - The following is a round-up of updates on exposure to Silicon Valley Bank by London-listed companies, issued on Monday and not separately reported by Alliance News:

Tremor International's annual profit, revenue drop as costs increase

(Alliance News) - Tremor International Ltd on Tuesday said its annual profit and revenue fell, despite an increase in revenue in the last quarter of 2022.

Tremor earnings fall despite record contribution numbers

(Sharecast News) - Advertising technology specialist Tremor International reported a record fourth quarter contribution before traffic acquisition costs (ex-TAC) of $103m, up from $88.6m a year earlier, although its earnings fell.

UK earnings, trading statements calendar - next 7 days

Tremor mulls potential sale - report

(Sharecast News) - Advertising technology firm Tremor International is reportedly considering putting itself up for sale.

TRADING UPDATES: Savannah Energy ends deal; Plaza signs addendum

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: