Tremor Video (TRMR) Misses Q2 EPS by 20c

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Tremor International Reports Results for the Second Quarter and Six-Month Period Ended June 30, 2022

August 16, 2022 6:00 AM EDT

Generated record adjusted EBITDA of $39.1 million and $72.7 million alongside industry-leading adjusted EBITDA margins of 55% and 51% on a Contribution ex-TAC basis for Q2 and H1, respectively

Expected to enhance platform scale and differentiation and expand strategic capabilities and global market share through pending $239 million acquisition of Amobee, proposed $25 million investment in VIDAA, and completed integration of Spearad

NEW YORK, Aug. 16, 2022 (GLOBE NEWSWIRE) -- Tremor International Ltd. (AIM/NASDAQ: TRMR) (Tremor or the Company), a global leader in Video, Data, and Connected TV (CTV) advertising offering an end-to-end... More