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ATEME: Growth in the 3rd quarter of 2024

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

ATEME reported a 10% increase in revenue in Q3 2024, reaching €22.4 million. Over 9 months, revenue is down 9%, reaching €63.2 million. EMEA represents 36% of revenue, up 25% over this period. In the United States/Canada region, a recovery with growth of 18% was seen in Q3. Asia-Pacific shows an increase of 25% over 9 months. Monthly recurring revenue increased by 18% year-on-year, reaching €2.8 million in October 2024. ATEME expects second-half revenue to exceed first-half revenue.

R. H.

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