Audioboom shares soar as US election boosts podcast demand
Shares in Audioboom soared almost 19% Tuesday, with the podcast streaming company reporting a record-breaking revenue and profit - projecting to "significantly outperform" market projections, particularly given the boost from the US election fever.
In its third-quarter report, the London-based firm recorded a remarkable revenue of $18.8m (£14.4m), a significant increase from the previous year's $14m (£10.7m), as reported by Next Page Alphabet's Google Cloud division drives revenue surge, beating market expectations 2025-03-26 12:45:30 2025-03-26 12:45:30 Tech firm Kromek remains loss-making despite record revenues 2025-03-26 12:45:30 2025-03-26 12:45:30 Chancellor Rachel Reeves' tax hikes 'punish risk-takers and could stifle innovation' 2025-03-26 12:45:30 2025-03-26 12:45:30 Durham tech firm Indigo Software snapped up by US firm in undisclosed deal 2025-03-26 12:45:30 2025-03-26 12:45:30 University spinout life sciences firm Llusern Scientific boosted with equity investment 2025-03-26 12:45:30 2025-03-26 12:45:30 Australia to ban all social media for under-16s 2025-03-26 12:45:30 2025-03-26 12:45:30 Wise's shares soar as customer growth fuels 51% profit surge, plans to cut fees further 2025-03-26 12:45:30 2025-03-26 12:45:30 Filtronic points to more contracts in the pipeline as expansion takes shape 2025-03-26 12:45:30 2025-03-26 12:45:30 Revenues and earnings rise at Vianet following investment in US business operations 2025-03-26 12:45:30 2025-03-26 12:45:30 Manchester leaders join forces as Ladbible and Onthebeach founders back Fearless Adventures 2025-03-26 12:45:30 2025-03-26 12:45:30Recommend
