India, Aug. 12 -- Nexxen International Limited (NEXN), an advertising technology company, on Wednesday reported lower profit for the second quarter of 2026, despite higher revenue, as increased expenses weighed on profitability.
Net income declined to $3.64 million or $0.06 per share from $8.67 million or $0.14 per share a year ago. Excluding one-time items, earnings were $13.33 million or $0.23 per share.
Operating profit fell 52% to $4.2 million from $8.7 million a year earlier.
Adjusted EBITDA declined 8% to $27.6 million from $29.9 million.
Revenue, however, increased 11% to $100.5 million from $90.9 million, with programmatic revenue rising 12% to $95.2 million from $85.0 million.
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