TRMR - Tremor International Non-GAAP EPS of $0.15 misses by $0.13 revenue of $107.7M misses by $4.92M
2023-03-07 06:38:43 ET
- Tremor International press release ( NASDAQ: TRMR ): Q4 Non-GAAP EPS of $0.15 misses by $0.13 .
- Revenue of $107.7M (+5.1% Y/Y) misses by $4.92M .
- Due to these uncertainties, management has lowered its full year 2023 Contribution ex-TAC and Adjusted EBITDA outlook and expects global advertising demand to remain constrained in H1 2023, and potentially longer, however does not anticipate advertising demand will weaken to the soft levels observed during late-2022, and earlier in 2023.
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- Full year 2023 Contribution ex-TAC of approximately $400 million
- Full year 2023 Adjusted EBITDA in a range of approximately $140 – $145 million
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Tremor International Non-GAAP EPS of $0.15 misses by $0.13, revenue of $107.7M misses by $4.92M