Ooh Media upgrades earnings forecast as bookings improve for Q4

Ooh Media released a statement to the Australian Stock Exchange (ASX) this morning, announcing it had improved its earnings forecast for FY19, with a rise in bookings for September and quarter four to thank.

The improvement comes four months after the business dropped its full-year profit expectations to between $125m and $135m, falling from an earlier guidance of $152m to $162m. The guidance has now been revised to $138m to $143m.

Ooh Media has revised its forecast for FY19

Be a member to keep reading

Join Mumbrella Pro to access the Mumbrella archive and read our premium analysis of everything under the media and marketing umbrella.

Become a member

Get the latest media and marketing industry news (and views) direct to your inbox.

Sign up to the free Mumbrella newsletter now.

"*" indicates required fields

 

SUBSCRIBE

Sign up to our free daily update to get the latest in media and marketing.