Earnings call transcript: Nexxen tops revenue in Q3 2026, shares jump 11.8%
Nexxen reported mixed Q3 2026 results, with earnings per share (EPS) of $0.32, slightly below the $0.35 expected by Wall Street. However, revenue of $102.9 million exceeded forecasts of $100.14 million, leading to an 11.82% jump in shares to $10.12 in pre-market trading. Investors focused on the stronger top line, improved margins, and optimistic guidance, despite a 29% decline in desktop revenue and softer performance in some non-programmatic lines.
The company's CTV revenue surged 39% year over year, driven by new supply partnerships and heightened platform demand, contributing to a record quarter across several key metrics.
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