XLMedia expects $11.5m in 2020 EBITDA as Google demotion recovery begins
Affiliate business XLMedia expects to deliver revenue of approximately $54.4m (£39.8m/€44.8m) for the full year 2020, down 31.7% year-on-year, with adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) down 65.7% at $11.5m.
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