EQS-News: artnet AG: Artnet publishes Q3 Report: 8% revenue increase driven by continued strong growth in Media Segment
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Sunday, November 27, 2022
Artnets Media segment grew an unprecedented 59% through the third quarter, and is expected to continue its strong growth trajectory through the end of the year.
Key Points:
- Artnets Media segment grew an unprecedented 59% through the third quarter, and is expected to continue its strong growth trajectory through the end of the year.
- Demand for advertising has risen to an all time high as Artnet leverages its high-value audience of dedicated readers.
- Key strategic and operational changes have been implemented ahead of the fourth quarter, typically the strongest for the segment.
- Artnet AG is listed in the Prime Standard of the Frankfurt Stock Exchange, the segment with the highest transparency standards.