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Nexxen achieves record Q3 revenue and 39% growth in CTV revenue

The Motley Fool +1 · ·by G4L

NEXN
NEXN Nexxen International Ltd
$10.32 +1.08%
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  1. 1Nexxen International Ltd. achieved an all-time high in programmatic revenue of $97.8 million in the third quarter.
  2. 2Nexxen's Q3 CTV revenue growth of 39% year-over-year drove the growth.
  3. 3Adjusted EBITDA recorded $34.5 million, a 22% increase from the previous year.

So what's the key point?

Nexxen earned its highest revenue ever in the third quarter. The company grew significantly as internet TV advertising revenue increased by 39 percent.

Source The Motley Fool +1 · View original ↗

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