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 Manchester leaders join forces as Ladbible and Onthebeach founders back Fearless Adventures 2025-03-26 12:45:30 2025-03-26 12:45:30 ITV Studios revenue drop impacts profits despite advertising gains 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 Workday's UK profits soar as it doubles down on investment and partnerships 2025-03-26 12:45:30 2025-03-26 12:45:30 BT shares fall after challenging conditions hit revenue at FTSE 100 giant 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 Bolt could face £200m payout after tribunal rules drivers are workers, not contractors 2025-03-26 12:45:30 2025-03-26 12:45:30 Chancellor announces major investment in UK tech and creative sectors in Autumn Budget 2025-03-26 12:45:30 2025-03-26 12:45:30 Howard de Walden Estate invests £52m in new Healthtech hub at Harley Street 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 12:45:30Recommend
