Nexxen International Shares Jump on Record Third-Quarter Results and Reaffirmed Outlook

Nexxen International Ltd. shares climbed 12.82% following the release of the company's third-quarter financial results. Led by Chief Executive Officer Ofer Druker and Chief Financial Officer Sagi Niri, the advertising technology firm achieved record third-quarter contribution ex-TAC and programmatic revenue. Management highlighted that this performance was powered by strong enterprise adoption and robust results within the connected TV (CTV) segment.

The company also reported a return to year-over-year adjusted EBITDA growth, following three top-line guidance increases earlier in the year. According to executives, strategic investments in AI-native tools and end-to-end data integration have improved operational leverage and customer outcomes, allowing the firm to attract major media partners and expand its mobile in-app momentum.

Looking ahead, Nexxen reaffirmed its full-year 2026 financial guidance. Management pointed to solid October performance and clear visibility into the fourth quarter as the basis for maintaining their current outlook.

What to watch next: Investors will be tracking fourth-quarter execution and sustained CTV segment momentum to see if the company can meet its reaffirmed full-year targets.