DGAP-Ad-hoc: Fyber N.V. / Key word(s): Change in Forecast
Fyber N.V. ("Fyber" or the "Company", FSE:FBEN) is announcing a change to its revenue and adjusted EBITDA guidance for 2019. The change comes mainly as a result of the decline in revenue stemming from the Offer Wall ad format, the biggest contributor to Fyber's non-programmatic business. The decrease results from a recent change in Apple's App Store policies banning app install ad campaigns within the Offer Wall format for apps published through their store. The ban went into effect in the course of the first half of 2019. Furthermore, although the core programmatic business with existing clients is in line with yearly expectations, the Company experienced delays in the ramp up of business with new clients during the first half of the year.
Further details will be provided with the release of the interim financial statements for the first half of 2019 on 28 August 2019.
22-Aug-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
|Phone:||+49 30 609 855 528|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Tradegate Exchange|
|EQS News ID:||862005|
|End of Announcement||DGAP News Service|
862005 22-Aug-2019 CET/CEST