Gentoo Media (Q3 Initial take): Soft topline, strong cost control and solid cash flow - Redeye
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Gentoo Media (Q3 Initial take): Soft topline, strong cost control and solid cash flow - Redeye

Redeye comments on Gentoo Media’s Q3-results which were softer than expected owing to a weaker-than-expected topline driven by a weak sports margin in September. The company maintained strong cost control however, and EBITDA margin was close to our forecast while cash flow was strong. The company reiterates its revenue and EBITDA guidance for the year, while free cash flow guidance is increased.

Redeye comments on Gentoo Media’s Q3-results which were softer than expected owing to a weaker-than-expected topline driven by a weak sports margin in September. The company maintained strong cost control however, and EBITDA margin was close to our forecast while cash flow was strong. The company reiterates its revenue and EBITDA guidance for the year, while free cash flow guidance is increased.
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