BRIEF

on ATEME (EPA:ATEME)

ATEME: Activity for the 2nd quarter and first half of 2024

Stock price chart of ATEME (EPA:ATEME) showing fluctuations.

Ateme shows an increase in its turnover of 6% in the 2nd quarter of 2024, reaching 23 million euros. However, the first half of 2024 recorded a drop of 17% due to a comparison with an exceptional first quarter of 2023.

The EMEA region remains the main market with growth of 34%, reaching 18.2 million euros. In contrast, the US/Canada region saw a drop of 61%, marked by challenges in the video content industry. Ateme hopes for a recovery in the second half.

Sales in Asia-Pacific increased by 24%, and those in Latin America by 35%, illustrating positive commercial dynamics.

Monthly recurring revenue is also increasing, reaching €2.6 million in July 2024. Several new OTT service contracts have been signed, notably with TVRI in Indonesia and Canal+'s TV+.

R. E.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all ATEME news