Dow Jones received a payment from EQS/DGAP to publish this press release. (MORE TO FOLLOW) Dow Jones Newswires December 13, 2018 02:04 ET (07:04 GMT)
RhythmOne reported H1 2019 revenue of $175,475, an increase of 53% YoY. Revenue was boosted by completion of the acquisition of YuMe, which added to $58.2m revenues. A change of product mix to higher value inventory enabled the company to increase gross margins increased to 45.2% from 38.1%. The company also announced a share buyback programme of up to $10m alongside the unaudited half year accounts.