Ateme SA (FR:ATEME) has released an update.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Ateme SA reported a 10% increase in sales for the third quarter of 2024, with notable growth in the EMEA and Asia-Pacific regions. Despite a 9% decline in overall sales for the first nine months of 2024, the company saw a surge in monthly recurring revenue by 18%, bolstered by multi-year contracts. The North American market showed signs of recovery, contributing to Ateme’s optimistic outlook for the second half of the year.
For further insights into FR:ATEME stock, check out TipRanks’ Stock Analysis page.