on ATEME (EPA:ATEME)
ATEME: Activity for the 2nd quarter and first half of 2024
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.
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