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oOh media Ltd ( (AU:OML) ) just unveiled an update.
oOh!media Limited has reported that its revenue for the first half of 2025 exceeded market expectations, achieving a 17% increase compared to previous periods. Despite not issuing specific earnings guidance, the company provided updates throughout the period, which were outperformed by actual results. The adjusted gross margin for the first half was 41.8%, slightly lower than previous years due to increased fixed rent and partnership incentives. However, the company anticipates an improvement in the second half, aiming for a full-year gross margin of approximately 44%, aligning with previous years. Operating expenses are expected to rise due to higher variable compensation driven by strong revenue performance.
The most recent analyst rating on (AU:OML) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on oOh media Ltd stock, see the AU:OML Stock Forecast page.
More about oOh media Ltd
oOh!media Limited is a company operating in the outdoor advertising industry, providing a range of advertising services and solutions. It focuses on delivering impactful advertising campaigns across various formats, including billboards, street furniture, and transit advertising, primarily in Australia and New Zealand.
Average Trading Volume: 1,124,435
Technical Sentiment Signal: Buy
Current Market Cap: A$905.2M
For an in-depth examination of OML stock, go to TipRanks’ Overview page.