TRMR - Tremor International Non-GAAP EPS of $0.16 misses by $0.21 revenue of $75.8M misses by $9.7M
- Tremor International press release ( NASDAQ: TRMR ): Q2 Non-GAAP EPS of $0.16 misses by $0.21 .
- Revenue of $75.8M (-6.9% Y/Y) misses by $9.7M .
- FY2022 Outlook : Contribution ex-TAC of approximately $290M; Adjusted EBITDA of approximately $155M.
- “Tremor’s data-powered end-to-end technology and business platform continued to drive increased customer adoption and displayed impressive resiliency while generating record profitability and best-in-class industry margins for both Q2 and H1, despite ongoing macroeconomic challenges,” said Ofer Druker, Tremor International’s Chief Executive Officer. “We’ve also recently taken important steps to further scale and differentiate our business, including entering into a definitive agreement to acquire Amobee, our agreement to invest $25 million in VIDAA which is intended to deepen our strategic data and CTV media relationship, and the completed integration of Spearad. We are confident Tremor remains well-positioned to weather continued market headwinds while capitalizing on anticipated Company-specific and industry-related growth catalysts.”
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Tremor International Non-GAAP EPS of $0.16 misses by $0.21, revenue of $75.8M misses by $9.7M