DGAP-Adhoc: Fyber N.V.: Fyber updates its revenue guidance

DGAP-Ad-hoc: Fyber N.V. / Key word(s): Change in Forecast/Strategic Company 
Decision 
Fyber N.V.: FYBER UPDATES ITS REVENUE GUIDANCE 
 
30-Oct-2017 / 11:09 CET/CEST 
Disclosure of an inside information acc. to Article 17 MAR, transmitted by 
DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
 
BERLIN, Germany, 30 October 2017 - Fyber N.V. ("Fyber" or the "Company") is 
announcing a change to its revenue guidance for 2017 and 2018. The change 
comes as a result of Fyber's clean marketplace initiative, which includes 
moving away from aggregated supply by closing down specific partners and 
focusing primarily on direct publisher integrations. This initiative is part 
of a comprehensive set of actions taken by the Company's new management as 
part of the ongoing merger process of Fyber's subsidiaries and the upcoming 
launch of its unified product. 
 
As a result of this initiative, the Company is updating the previously 
communicated revenue guidance from EUR280 to around EUR240 million for year 
2017 and from EUR360 million to at least EUR300 million for 2018. Despite 
the change in revenue outlook, the Company's focus on cost effectiveness and 
the synergies realized through the merger, the company expects to maintain 
its profitability both in H2 2017 and in 2018. The adjusted EBITDA forecast 
for H2 2017 is projected to be at least EUR4 million (updated from the 
previously stated EUR7 million). There is no anticipated change to the 2018 
EBITDA projections which are expected to remain at least EUR15 million. 
 
*Investor Contact* 
Sabrina Kassmannhuber 
[e-mail] 
[phone] 
 
30-Oct-2017 CET/CEST The DGAP Distribution Services include Regulatory 
Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
Language: English 
Company:  Fyber N.V. 
          Johannisstr. 20 
          10117 Berlin 
          Germany 
Phone:    [phone] 
E-mail:   [e-mail] 
Internet: https://investors.fyber.com/ 
ISIN:     NL0012377394 
WKN:      A2DUJD 
Listed:   Regulated Market in Frankfurt (Prime Standard); Regulated 
          Unofficial Market in Tradegate Exchange 
 
End of Announcement DGAP News Service 
 
623641 30-Oct-2017 CET/CEST 
 
 

(END) Dow Jones Newswires

October 30, 2017 06:09 ET (10:09 GMT)