LONDON (ShareCast) - (ShareCast News) - A solid first half update off the back of organic growth and acquisitions saw XLMedia's share price rise in early morning trading.
At 1033 BST shares in the AIM listed stock were up 8.5% to 65.10p.

The gambling website said revenues were up 83% to $36.4m in the first six months of this year.

The company also posted an 87% lift in earnings before interest tax depreciation and amortisation to $12m, in its half year update.

The company, which listed earlier this year, said its acquisition Marmar Media was integrating well and the company expected a "solid" performance for the second half of the year.

XLMedia said it increased sales in English speaking countries and expanded through acquisitions.

Chief executive Ory Weihs said XLMedia would continue to invest in development of technology and further acquisitions would expand its geographical and operational footprint.

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