Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Spoken-word audio platform group Audioboom (BOOM) has updated first on its ‘KPIs’ (including the likes of record total monthly and quarterly listens, 859 new content channels added during the quarter and over 275,000 new registered users signing up) and then on its financials & outlook; including “revenues increased significantly on the previous year but are below market expectations” and “shift in timing and pace of adoption will have an impact on expected full year revenues for 2016”. Uh-oh…
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