Ateme SA Navigates Mixed Mid-Year Financial Results

Ateme SA (FR:ATEME) has released an update.

Ateme SA reported a 6% revenue increase in the second quarter of 2024, totaling €23.0 million, despite a 17% downturn in the first semester when compared to the previous year, due to a high base effect from the first quarter of 2023. The EMEA region showed significant growth, contributing 45% of total revenues with a 34% increase, while the United States/Canada faced a 61% decline. The company also noted a rise in monthly recurring revenue and secured new contracts for OTT services, indicating potential growth in the latter half of the year.

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