Nexxen International reports Q3 2024 revenue up 12%, driven by a surge in Connected TV ads.

Nexxen International reported strong Q3 2024 results, with a 12% increase in net revenue to $85.5 million and a 49% jump in adjusted EBITDA to $31.6 million, exceeding expectations. The growth was driven by a 52% rise in Connected TV (CTV) revenue to $29.7 million. The company's financial health, strategic partnerships, and innovative solutions are positioning it well for future growth in the evolving advertising landscape.

4 months ago
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