Dianomi – interims argues “well placed to capitalise on the opportunity ahead”. Is it really though?
By Steve Moore | Wednesday 20 September 2023
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Describing itself as “a leading provider of native digital advertising services to premium clients in the business, finance and lifestyle sectors”, Dianomi (DNM) has announced results for the first half of the 2023 calendar year with CEO Rupert Hodson “pleased to report that Dianomi continues to attract new clients and now counts all 10 of the top 10 US asset managers as clients. Our expansion into programmatic is delivering… confident that in spite of macro-economic headwinds we are well placed to capitalise on the opportunity ahead”. However, what of the shares currently 9.5% lower at 47.5p in response?
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