Audioboom Q3 Earnings Report
Audioboom describes itself as "A Profitable Podcast Powerhouse" in its Q3 earnings report.
A Profitable Podcast Powerhouse
The company reported $20.4 million in revenue and $1.2 million in profit for the quarter, with a 45% increase in advertisers and the #1 spot in video advertising rankings.
- Revenue: $20.4 million
- Profit: $1.2 million
- Advertisers increase: 45%
- Audioboom Creator Network: over 35 million monthly downloads and views
The company also highlights its July acquisition of podcast hosting network Adelicious, which made it the second largest podcast network in the UK.
Audioboom predicts its "strongest quarter yet" for Q4.
Author's summary: Audioboom reports strong Q3 earnings.
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