Company News

BRIEF-Acuityads says ‍expects revenue growth of about 50 pct for FY

Sept 11 (Reuters) - Acuityads Holdings Inc

* Acuityads provides revenue guidance for second half of fy2017

* Acuityads Holdings Inc says expects revenue growth of approximately 50% for fiscal year

* Identified few self-serve partners in EMEA region that were not meeting co’ “quality standards” for use of its self-serve platform

* Expected that stronger Canadian dollar will have adverse effect on co’s revenue expectations for h2 2017 of about $2 million

* Company has chosen to remove a select number of self-serve partners in EMEA region from its self-serve platform

* Sees impact of decision to remove few partners to result in adjustment in revenue expectations from EMEA region of about $10 million over balance of 2017 Source text for Eikon: Further company coverage: