DGAP-Adhoc: Fyber N.V.: Guidance update for full year 2019

DGAP-Ad-hoc: Fyber N.V. / Key word(s): Change in Forecast 
Fyber N.V.: Guidance update for full year 2019 
 
21-Nov-2019 / 19:30 CET/CEST 
Disclosure of an inside information acc. to Article 17 MAR of the Regulation 
(EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
 
*Berlin, 21 November 2019 - Fyber N.V. ("Fyber" or the "Company", FSE:FBEN)* 
is announcing a further change to its revenue and adjusted EBITDA guidance 
for the full year 2019. The previously stated reasons took further effect on 
the Company's business, which could not be offset with adequate growth from 
other areas of business. 
 
Fyber's revenue from its non-programmatic business, particularly gross 
revenue stemming from the Offer Wall ad format, decreased due to a recent 
change in Apple's policy banning certain ad campaign types within this ad 
format for apps published through their app store. 
Furthermore, although the core programmatic business with existing clients 
is in line with yearly expectations, the Company experienced delays in the 
ramp-up of business with new clients during the past quarter. 
 
The Company therefore adjusts its revenue guidance from EUR130 - EUR135 
million to around EUR120 million for the full year 2019 as well as the 
guidance for adjusted EBITDA from above break-even to around EUR-3 million. 
 
Further details will be provided with the release of the interim financial 
statements for the first nine months of 2019 on 27 November 2019. 
 
*Notifying person* 
Yaron Zaltsman, CFO 
 
*Investor Contact * 
Sabrina Kassmannhuber 
[e-mail] 
[phone] 
 
21-Nov-2019 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. 
             Wallstr. 9-13 
             10179 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 
EQS News ID: 919227 
 
End of Announcement DGAP News Service 
 
919227 21-Nov-2019 CET/CEST 
 
 

(END) Dow Jones Newswires

November 21, 2019 13:30 ET (18:30 GMT)