Pressmeddelanden, rapporter och bolagsmeddelande för Catena Media P.L.C

Catena Media's interim report for January-June 2024 highlights significant changes and developments in Q2 2024. CEO Manuel Stan, who joined on July 1, praised the company's potential and the new management team. Key initiatives included transitioning to a product-based operating model, cost optimization, and focusing on core products. Q2 results were impacted by search engine policy changes, but improvements were seen in owned products and search rankings. North American casino revenue grew, aided by targeted investments and the launch of a Spanish-language version of Bonus.com. The company also launched the subaffiliation platform Mrktplays. Future efforts will focus on optimizing core products and targeting growth in the casino segment. A presentation of the Q2 results will be held on August 14, 2024.

Catena Media will release its interim report for the second quarter of 2024 on Wednesday, 14 August at 07:00 CEST. A presentation webcast and teleconference, including a Q&A session, will follow at 09:00 CEST, hosted by CEO Manuel Stan and CFO Michael Gerrow. Participants can ask questions via webcast or teleconference by registering through provided links. For more information, contact Investor Relations at ir@catenamedia.com or Michael Gerrow at michael.gerrow@catenamedia.com. The announcement was made at 08:00 CEST on 7 August 2024. Catena Media specializes in generating leads for online casino and sports betting platforms and is listed on Nasdaq Stockholm Mid Cap. Further details are available on catenamedia.com.

Catena Media plc held an extraordinary general meeting (EGM) in Malta on 17 July 2024. During the meeting, the board's proposal to authorize the company to acquire its own shares was approved. Details of the resolution and other EGM resolutions are available in the meeting minutes on the company's website. For further information, contact Investor Relations via email at ir@catenamedia.com or Erik Flinck, Chairman of the Board, at erik.flinck@catenamedia.com. The information was published at 11:15 CEST on 17 July 2024. Catena Media specializes in generating leads for online casino and sports betting platforms and employs over 250 people globally. The company's shares are listed on Nasdaq Stockholm Mid Cap. For more information, visit catenamedia.com.

Catena Media plc issued a Q2 earnings update, noting a decline in revenue due to Google's recent changes in organic search policies, which negatively impacted rankings for sports betting and casino content. However, the company saw increased traffic and rankings for its owned brands. As a result, Catena Media's previous full-year adjusted EBITDA forecast is no longer applicable, and they won't issue new guidance at this time. Some lower-margin media partnerships will not be renewed, leading to cost savings. Interim CEO Pierre Cadena stated that the company is transitioning to a new operating model aimed at sustainable growth and improved margins by the second half of 2024. The company remains open to profitable media partnerships and is focused on organic products. Contact details for further information are provided, and the information was made public as required by the EU Market Abuse Regulation.