Audioboom Group PLC (AIM:BOOM) has hiked expectations for full-year profit for the second time in as many months.
Strong momentum into the fourth quarter has left the podcast company on course to hit adjusted pre-tax earnings of US$2.8 million (£2.2 million), Audioboom said on Friday.
This marks a hike from guidance of US$2.5 million laid out in October, which itself had been lifted from an expectation of US$1.3 million previously.
Audioboom added the stronger performance had been driven by advertising marketplace Showcase, where revenue grew 49% year on year in October.
“With confidence in advertising demand for the remainder of our strongest quarter of the year, I am very pleased to see a second upgrade to [...] expectations this year,” chief executive Stuart Last commented.