XLMedia Profit Warning Amidst Strategy Change: Shares Fall 30%

XLMedia Profit Warning: Media publishing company XLMedia (LON:XLM) today issued a strategic update which had bad effects for profits for the next year: a change in strategy to move away from lower margin markets will be reducing both revenues and EBITDA. The share price immediately declined: In truth, this does not show the full picture, … Read more