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

Subscribe to keep reading

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

Subscribe

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.