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The Market Herald cuts full-year earning guidance following redundancies and legal costs

June 21, 2023 9:30

The Market Herald (TMH) has lowered its earning guidance for the financial year of 2023, due to costs associated with redundancies, legal service and prior management issues.

In a trading update released to the ASX this morning, the media company has provided updated revenue guidance of $86 million and a normalised EBITDA of $17.7 million.

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Darcy Song was a reporter at Mumbrella, covering media owners, adtech and social platforms. She left in October 2023.

Topics
2023 financial results The Market Herald Tommy Logtenberg
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