Welcome to our dedicated page for TRMR news (Ticker: TRMR), a resource for investors and traders seeking the latest updates and insights on TRMR stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect TRMR's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of TRMR's position in the market.
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Tremor International Ltd. (AIM/NASDAQ: TRMR) has launched a pioneering self-service cross-platform planner designed to address the fragmentation in linear and digital viewership. This innovative technology enables broadcasters to optimize reach and frequency across traditional and digital channels. Major broadcasters and agencies are currently testing this planner, which utilizes real-time data rather than historical metrics for planning media campaigns. The tool integrates directly with existing campaign systems, facilitating effective execution and reporting across platforms. Kenneth Suh, Chief Strategy Officer, emphasized the planner's importance in connecting linear advertising with digital audiences, ultimately enhancing consumer experiences with more relevant advertising.
Tremor International Ltd. (TRMR) reported impressive Q4 and FY 2022 results, with record Contribution ex-TAC of $103 million in Q4 2022, up 16% YoY, and $309.7 million for the year, reflecting a 3% increase. CTV spend soared by 59% to $99.6 million in Q4 and by 41% to $283.6 million for the year. However, Adjusted EBITDA declined by 32% to $36.9 million in Q4 and by 10% to $144.9 million for the year. The company maintains a strong cash position of $115.5 million and plans to leverage acquisitions for growth, despite anticipated advertising demand challenges in H1 2023.
