17 October 2022 - trading update
The global podcast company has issued a trading statement covering the three months to 30 September and this has revealed a 44% increase in revenues to US$57.1m for the first nine months of the year. In the three months to 30 September, however, revenues declined slightly to US$16.2m (2021: US$16.9m) due to a fall in advertising demand in July although the market recovered in August and September. This recovery is expected to gain pace in Q4. This was a reassuring statement given the fall in the share price from . . .
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