Welcome to our dedicated page for Nexxen International Ltd. American Depository Shares news (Ticker: NEXN), a resource for investors and traders seeking the latest updates and insights on Nexxen International Ltd. American Depository Shares stock.
Nexxen International Ltd. (American Depository Shares, symbol: NEXN) is a leading global technology company that empowers advertisers, agencies, publishers, and broadcasters with advanced video and connected TV solutions. Utilizing its comprehensive technology stack, Nexxen offers a unified platform that integrates a Demand-Side Platform (DSP), Supply-Side Platform (SSP), ad server, and Data Management Platform (DMP). Central to its services is an extensive and exclusive data set that enhances targeting and effectiveness across digital advertising campaigns.
Nexxen’s core business is focused on delivering scalable and data-driven advertising solutions. Recent achievements include the enhancement of their technology stack, providing brands and advertisers with aggregated and scaled viewership insights. This advancement allows for more precise audience targeting and improved campaign performance.
In terms of current projects, Nexxen has entered into a significant partnership with Alphonso, which will integrate Nexxen’s data-driven tools and grant Nexxen access to LG Electronics’ premium streaming inventory. This collaboration is set to expand Nexxen’s reach and capabilities within the connected TV market.
Financially, Nexxen has shown a strong presence with the completion of a $20 million share repurchase program, demonstrating confidence in its market position and financial health. The company has also provided detailed financial guidance and holds regular conference calls and webcasts to keep investors informed, with the latest one scheduled for May 20, 2024.
Nexxen's expertise and comprehensive services make it a pivotal player in the digital advertising ecosystem, continually innovating to meet the demands of a dynamic market.
Stagwell (NASDAQ: STGW) and Nexxen (AIM / NASDAQ: NEXN) have announced a partnership aimed at enhancing audience discovery for marketers through the Stagwell Marketing Cloud. This partnership integrates Nexxen's Data Platform, which leverages a unified identity graph to manage and enrich data for better audience targeting. The collaboration aims to help advertisers navigate changes in privacy, like cookie deprecation, and improve engagement by offering advanced data solutions. Nexxen's platform will allow brands to utilize a variety of data types to optimize audience insights and media spend efficiently.
Nexxen International (NEXN) will announce its first quarter 2024 financial results on May 20, 2024, before the U.S. market opens. The Company will host a webcast and conference call to discuss the results and outlook. Nexxen is a global advertising technology platform specializing in video and Connected TV, offering a comprehensive technology stack for advertisers, agencies, publishers, and broadcasters worldwide.
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