Two ASX stocks that soared up – iSentia Group Ltd and Vocus Group Ltd
New appointment in management: iSentia Group Ltd.’s (ASX: ISD) stock surged over 7.1% on February 09, 2017. The group reported that they would be releasing their first half of 2017 results on February 27, 2017. Recently, the group appointed Matthew Stanton, as global Chief Executive Officer of premier content marketing agency King Content. Under his leadership, focus would be King Content’s growth across Asia-Pacific, North America and Europe. On the other hand, the group had issued a weak outlook for first half of 2017 EBITDA and forecasted full year revenue and EBITDA growth in the high single digit range for fiscal year of 2017. Content Marketing division which accounts over 7% as of FY16 EBITDA is expected to perform at subdued levels impacted by the decisions with regards to strategy, new business development and client retention for fiscal year of FY17.
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