Nexxen International bets on CTV, AI as record growth prompts another outlook raise. August 15, 2026 Key points. * Nexxen raised its full-year outlook for the third time, now expecting 12% net revenue growth versus its initial 8% forecast. Second-quarter contribution ex-TAC rose 11% year over year, programmatic revenue increased 12%, and CTV revenue surged 33% to a record. * The company is prioritizing CTV, enterprise expansion and AI, with enterprise platform spending up more than 25% and adoption of its nexAI tools accelerating. Nexxen is also developing conversational AI and open-protocol integrations to simplify campaign setup and management. * Nexxen sees additional growth from home-screen advertising, political CTV spending and mobile in-app advertising, while evaluating revenue-accretive bolt-on acquisitions. It ended the quarter with about $132 million in cash, no long-term debt and a newly authorized $40 million share-repurchase program. * MarketBeat previews top five stocks to own in September. Nexxen International NASDAQ: NEXN outlined its commercial priorities following a series of executive appointments, highlighting its end-to-end advertising technology platform, connected TV growth, enterprise customer expansion and investments in artificial intelligence. Chance Johnson, who was newly appointed president, said Kara Puccinelli will become chief commercial officer and oversee the company's enterprise business. Ken Suh, formerly chief strategy officer, will take on the chief business officer role, with responsibility for expanding Nexxen's exchange business and connected TV partnerships. Johnson said his focus as president will be on coordinating Nexxen's buy-side, sell-side and data capabilities to better serve customers. The company's full end-to-end technology stack remains relatively new in the market, he said, and Nexxen is seeking to communicate the value of having integrated advertising capabilities across multiple parts of the ecosystem. Second-Quarter growth and raised outlook. Billy Eckert, Nexxen's vice president of investor relations and finance, described the second quarter as a record period for the company. Contribution ex-TAC increased 11% year over year, while programmatic revenue rose 12%, he said. CTV was the standout category, according to Eckert, with revenue increasing 33% year over year to the best quarterly CTV revenue result in the company's history. He attributed the growth in part to an expanding enterprise customer base and greater adoption of multiple products within the Nexxen platform. Eckert said Nexxen raised its top-line guidance for the third time during the year, increasing expectations for both Contribution ex-TAC and programmatic revenue. The company initially forecast 8% net revenue growth in March and now expects 12% growth, he said. Nexxen is continuing to invest in AI, data and go-to-market execution. Integrated platform and advertising-market trends. Johnson said Nexxen's integrated demand-side platform, supply-side platform and data offerings can reduce the number of systems that advertisers must use to set up and manage campaigns. He said the structure can offer time savings, lower costs, greater transparency and improved campaign performance. Advertisers are increasingly seeking transparency around how much of their advertising investment reaches media inventory, Johnson said. Nexxen can offer commercial incentives for customers that use its DSP, supply and data products together, he added. Discover more Space stocks report Communications & Media Studies Despite macroeconomic uncertainty, Johnson said advertisers have remained resilient and budgets have been relatively consistent. He identified declining open-web display traffic as a major industry trend, citing the growing use of large language models and ChatGPT for information that consumers previously would have sought across multiple websites. At the same time, Nexxen is seeing growth opportunities in CTV, native home-screen advertising and mobile in-app advertising, Johnson said. He characterized those channels as more resilient to changes driven by AI than desktop display advertising. Enterprise expansion and AI adoption. Johnson said Nexxen added more enterprise clients during the year than it did in all of the prior year, driven by greater commercial focus and adoption of its nexAI platform. All of the company's enterprise customers use at least two Nexxen solutions, he said, allowing the company to cross-sell products and capture additional share of customer spending. Nexxen's AI tools allow media buyers and campaign managers to interact with the platform through a conversational interface, Johnson said. He said tasks that could previously take several hours, including campaign setup and optimization, can be completed in minutes through the AI platform. Eckert said enterprise spending on Nexxen's platform rose more than 25% year over year in the second quarter. The company activated fewer than 400 enterprise customers in the second quarter of 2025 and more than 750 in its most recent quarter, he said. The company has also introduced open-protocol integrations intended to let advertisers access Nexxen capabilities through external AI agents and enterprise large language model environments. Johnson said the strategy is designed to reduce the need for users to switch among separate platforms and logins. CTV, home screens and capital allocation. Nexxen sees political advertising as a potential upside catalyst, particularly as spending shifts from traditional linear television toward CTV, Johnson said. He said the company's scale, speed and service capabilities position it to respond to political campaigns that may seek rapid activation across multiple designated market areas. The company is also expanding its Nexxen TV home-screen advertising offering. Johnson said programmatic home-screen activation remains a nascent product but could affect fourth-quarter results and become a more significant contributor in 2027. Nexxen has an exclusive relationship with Hisense and its VIDAA operating system, and Johnson said the company has also announced work with TiVo and discussed testing with LG. Eckert said CTV revenue grew 33% in the second quarter with minimal contribution from home-screen advertising, which he views as a future catalyst as enterprise spending increases and more device manufacturers adopt the offering. On capital allocation, Eckert said Nexxen is evaluating bolt-on acquisitions that could deepen its position in mobile in-app, performance CTV, monetizable data or AI. He said the company is not seeking complex integrations and would want acquisitions to be directly revenue accretive. At the end of the second quarter, Nexxen had about $132 million in cash, a $50 million revolver and no long-term debt, Eckert said. The company also has a newly authorized $40 million share repurchase program. Since March 2022, Nexxen has repurchased about 40% of its shares outstanding, he said. About Nexxen International (NASDAQ:NEXN). Tremor International Ltd provides end-to-end software platform that enables advertisers to reach relevant audiences and publishers. The company's demand side platform (DSP) offers full-service and self-managed marketplace access to advertisers and agencies to execute their digital marketing campaigns in real time across various ad formats. Its sell supply side platform (SSP) provides access to data and a comprehensive product suite to drive inventory management and revenue optimization. The company also offers data management platform solution, which integrates DSP and SSP solutions enabling advertisers and publishers to use data from various sources in order to optimize results of their advertising campaigns. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Continue following MarketBeat Before you consider Nexxen International, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Nexxen International wasn't on the list. While Nexxen International currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.

Nexxen names Chance Johnson President. Kara Puccinelli to assume role of Chief Commercial Officer; Kenneth Suh named Chief Business Officer Appointments organize commercial leadership as Nexxen scales its enterprise growth across its unified advertising platform NEW YORK, Aug. 12, 2026 (GLOBE NEWSWIRE) - Nexxen, the advertising technology platform powered by unique data and media, today announced executive appointments to lead the company's next phase of growth, with Chance Johnson appointed President, Kara Puccinelli Chief Commercial Officer and Kenneth Suh Chief Business Officer. Johnson and Puccinelli's expanded mandates are structured precisely for accelerating enterprise growth. Over the last several years, Nexxen has built the type of unified advertising platform the industry is only now converging towards: an AI-fueled architecture with a shared intelligence layer beneath both sides, running on proprietary data and exclusive media. As demand, supply and data operate as one system, unique signal becomes more valuable as its volume increases, and performance is designed to improve with scale. With these executive appointments, the company now looks to accelerate its advantage. Formerly Chief Commercial Officer, Johnson has been appointed President of Nexxen. In this role, he will focus on strengthening Nexxen's relationships with strategic clients and partners, demonstrating the potential for the company's connected, robust and differentiated platform capabilities to uniquely position them for success. Based in New York, Johnson will work in close partnership with Chief Executive Officer Ofer Druker. "The Nexxen team has been hard at work developing a unified platform with proprietary data and exclusive media at its core, and we have crossed the threshold where its value only compounds. Now, our focus shifts to scaling what we can deliver for our clients," said Ofer Druker, Chief Executive Officer, Nexxen. "Chance Johnson was critical to Nexxen's arrival at this juncture, and he is the right person to articulate and communicate our next commercial phase, as I focus on the substantial runway ahead." "I have had a front row seat to Nexxen's deliberate and unwavering efforts in platform unification, product innovation, strategic partnership and brand maturation. As President, my focus is simple: create partnerships and enhance relationships, so our clients can capitalize on the advantages we provide," said Chance Johnson, President, Nexxen. Formerly Chief Customer Officer, Kara Puccinelli is assuming the role of Chief Commercial Officer. Puccinelli leads the Enterprise business unit that includes Nexxen's omnichannel demand-side platform ("DSP"), Discovery (Nexxen's proprietary audience insight targeting solution) and TV Intelligence (Nexxen's TV advanced and unique data solution for targeting and measurement). Kenneth Suh is assuming the title of Chief Business Officer, continuing to lead Nexxen's exchange and overall media business which is seeing strong growth. Suh will maintain Nexxen's strategic emphasis on high-opportunity areas including Connected TV, while advancing innovative solutions such as Nexxen TV Home Screen and AI-resilient channels like mobile in-app. About Nexxen Nexxen is the advertising technology platform that delivers full-funnel performance powered by unique data and media. Comprised of a demand-side platform ("DSP") and supply-side platform ("SSP"), with the Nexxen Data Platform at its core, News Break Middle East meet the demands of today's converging media landscape with exclusive audience intelligence, automation and expertise. Headquartered in Israel, Nexxen maintains offices throughout North America, Europe and Asia-Pacific and is traded on Nasdaq (NEXN). For more information, please visit nexxen.com. Media contact Caroline Smith VP, Communications [email protected] Forward-Looking Statements This press release contains forward-looking statements, including forward-looking statements within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements are identified by words such as "anticipates," "believes," "expects," "intends," "may," "can," "will," "estimates," and other similar expressions. However, these words are not the only way Nexxen identifies forward-looking statements. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including without limitation statements regarding the anticipated benefits of the executive appointments and organizational changes described herein; the expected growth, scaling and performance of Nexxen's unified advertising platform; the benefits, capabilities, performance and future development of Nexxen's offerings, products, platforms, technologies and strategic initiatives including Nexxen's AI capabilities and the Company's commercial strategy and market positioning. These statements are neither promises nor guarantees but involve known and unknown risks, uncertainties and other important factors that may cause Nexxen's actual results, performance or achievements to be materially different from its expectations expressed or implied by the forward-looking statements, including, but not limited to, the following: negative global economic conditions, including risks related to tariff impacts or policy shifts that could materially affect market sentiment, consumer behavior and advertising demand; global and local economic and geopolitical forces and unrest, including the ongoing conflict involving the United States, Israel and Iran, the war and hostilities involving Israel, Hamas, Hezbollah, and Yemen and the Ukraine/Russia war, and how those conditions may adversely impact Nexxen's business, customers, and the markets in which Nexxen competes. Nexxen cautions you not to place undue reliance on these forward-looking statements. For a more detailed discussion of these factors, and other factors that could cause actual results to vary materially, interested parties should review the risk factors listed in the Company's most recent Annual Report on Form 20-F, filed with the U.S. Securities and Exchange Commission (www.sec.gov) on March 4, 2026. Any forward-looking statements made by Nexxen in this press release speak only as of the date of this press release, and Nexxen does not intend to update these forward-looking statements after the date of this press release, except as required by law. Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. News Break Middle East do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.