Audioboom raises profits forcast for second time as adtech delivers
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Audioboom, a leading global podcast company, has raised its profit expectations for the full year, as the company’s tech-led advertising marketplace, Showcase, delivers more revenue. Audioboom adtech boosts revenue The company announced the upgrade in a trading update issued via the Regulatory News Service, RNS, of the London Stock Exchange. The podcast provider, which has […]
“Audioboom, a leading global podcast company, has raised its profit expectations for the full year, as the company’s tech-led advertising marketplace, Showcase, delivers more revenue. Audioboom adtech boosts revenue The company announced the upgrade in a trading update issued via the Regulatory News Service, RNS, of the London Stock Exchange. The podcast provider, which has […]”Source
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Audioboom profits soar as Showcase adtech sees significant growth
UK podcast operator Audioboom has surprised the market with better than expected revenues for 2024, with its Showcase adtech platform seeing significant growth. In a trading statement it reported revenue of approximately $73.4 million, up 13% on 2023 ($65m). Audioboom’s revenue growth is ahead of the IAB’s 2024 industry growth forecast It also said its annual adjusted […]