Tremor International Ltd - Israel-based advertising technologies firm - Expects adjusted earnings before interest, tax, depreciation and amortisation to be between USD30 million to USD36 million for 2020, down 40% to 50% from USD60.4 million. Revenue is set to be in the range of USD340 million to USD360 million, up 4.4% to 10% from USD325.8 million. Notes forecasts have remained challenging due to the ever changing macro-economic environment. Third quarter trading boosted by significant client interest in key businesses, such as Connected TV, Self-service and Private Marketplaces.
Current stock price: 192.50 pence, up 10%
Year-to-date change: up 20%
By Dayo Laniyan; dayolaniyan@alliancenews.com
Copyright 2020 Alliance News Limited. All Rights Reserved.