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Audioboom Group – warning on financial performance wrapped in a new partnership announcement

By Steve Moore | Monday 13 July 2015


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.


Since I previously updated in June HERE, Audioboom Group (BOOM) has warned on near-term financial performance – though at the end of an announcement of “an agreement with Cumulus Media Holdings, Inc., the second largest radio group in the USA” from which “we expect to benefit from a considerable increase in monthly listens and registered users but also a steady flow of advertising revenues”


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