{"id":144,"date":"2024-06-16T08:20:45","date_gmt":"2024-06-16T05:20:45","guid":{"rendered":"https:\/\/cryptoleobonuscode.icu\/2024\/06\/16\/catena-media-reports-revenue-growth-despite-covid-19-impact\/"},"modified":"2024-06-17T13:01:17","modified_gmt":"2024-06-17T10:01:17","slug":"catena-media-reports-revenue-growth-despite-covid-19-impact","status":"publish","type":"post","link":"https:\/\/cryptoleobonuscode.icu\/2024\/06\/16\/catena-media-reports-revenue-growth-despite-covid-19-impact\/","title":{"rendered":"Catena Media Reports Revenue Growth Despite COVID-19 Impact"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/ex-X0BknXY4\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>A top digital gaming promotion firm, Catena Media, announced a 2% revenue rise year-over-year for the initial quarter of 2020, indicating the COVID-19 outbreak had a negligible effect on its activities.<\/p>\n<p>The organization produced \u20ac26.7 million (roughly $29 million) in earnings during the three months concluding March 31st. Modified EBITDA, excluding specific non-recurring expenses, expanded by 15% to \u20ac12.9 million.<\/p>\n<p>Catena Media&#8217;s online casino partnership sector was the top earner, providing 61% of overall revenue. Sports wagering, understandably affected by the postponement of significant athletic competitions, constituted the remaining 33%.<\/p>\n<p>Despite the worldwide disturbance triggered by the pandemic, Catena Media witnessed a surge in fresh depositing clients, counterbalancing any constraints in player worth.<\/p>\n<p>Per Hellberg, Chief Executive Officer of Catena Media, conveyed contentment with the company&#8217;s results. He emphasized the revenue expansion in the first quarter and the sustained robust momentum in April, notwithstanding the obstacles encountered by the sports wagering sector.  Hellberg also praised the company&#8217;s workforce for their outstanding efforts while adjusting to telecommuting arrangements.<\/p>\n<p>Previously, Catena Media had declared a 6% year-over-year revenue increase for January and February, attaining \u20ac18 million. The enterprise had redirected its emphasis towards its online casino partnership division amidst the suspension of major sporting contests. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>A top digital gaming promotion firm, Catena Media, announced a 2% revenue rise year-over-year for the initial quarter of 2020, indicating the COVID-19 outbreak had a negligible effect on its activities. The organization produced \u20ac26.7 million (roughly $29 million) in earnings during the three months concluding March 31st. Modified EBITDA, excluding specific non-recurring expenses, expanded [&hellip;]<\/p>\n","protected":false},"author":37,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Catena Media shrugs off COVID-19, sees revenue rise<\/title>\n<meta name=\"description\" content=\"Catena Media, a leading digital gaming promotion firm, posted a 2% year-over-year revenue increase for Q1 2020, demonstrating resilience amidst the COVID-19 pandemic. Find out how they did it!\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoleobonuscode.icu\/2024\/06\/16\/catena-media-reports-revenue-growth-despite-covid-19-impact\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Catena Media Reports Revenue Growth Despite COVID-19 Impact\" \/>\n<meta property=\"og:description\" content=\"Catena Media, a leading digital gaming promotion firm, posted a 2% year-over-year revenue increase for Q1 2020, demonstrating resilience amidst the COVID-19 pandemic. 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