** Nine Entertainment NEC.AX rises as much as 2.4% to A$1.515, highest since April 3
** Media firm says total TV advertising revenue rises ~8% y/y in March quarter
** Expects H2 publishing EBITDA to be broadly in line with H1, with ongoing strength in digital subscription revenue and improved H2 outlook, broadly balancing impacts of advertising seasonality
** Stock up 22.5% YTD
(Reporting by Sneha Kumar in Bengaluru)
((Sneha.kumar@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.