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Ateme SA ( (FR:ATEME) ) just unveiled an update.
Ateme SA reported a 7% decline in annual revenue for 2024, amounting to €93.5 million, but saw a 20% increase in monthly recurring revenue year-on-year. The company has implemented cost rationalization and reorganization efforts, resulting in reduced operating expenses and workforce, aiming to improve profitability in 2025. Despite the decline in revenue, Ateme’s financial position improved with increased available cash and reduced financial debt, setting a positive outlook for future growth.
More about Ateme SA
Ateme SA operates in the technology industry, specializing in video delivery solutions. The company focuses on providing high-quality video compression, delivery, and streaming services to broadcasters, content providers, and service operators globally.
YTD Price Performance: -26.16%
Average Trading Volume: 48
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: €46.16M
For a thorough assessment of ATEME stock, go to TipRanks’ Stock Analysis page.