Nexxen International Reports Q3 Earnings Beat with Revenue Growth and Increased EBITDA
Nexxen International (NEXN) reported third-quarter financial results that exceeded analyst expectations for both earnings per share and revenue. The company posted a non-GAAP EPS of $0.32, surpassing estimates by $0.02, while total revenue reached $102.9 million, an 8.5% increase year-over-year. Profitability metrics showed significant strength, with adjusted EBITDA rising 22% year-over-year to $34.5 million, resulting in a 34% margin. Additionally, the company achieved a record contribution to ex-TAC of $100.3 million, reflecting robust operational performance and growth in its core business segments.
Topics: earnings beat EBITDA margin revenue growth