{"id":46,"date":"2024-06-12T10:09:59","date_gmt":"2024-06-12T07:09:59","guid":{"rendered":"https:\/\/uptownacesnodepositbonus.icu\/2024\/06\/12\/catena-media-navigates-revenue-decline-with-strategic-focus-on-north-america\/"},"modified":"2024-06-13T12:05:18","modified_gmt":"2024-06-13T09:05:18","slug":"catena-media-navigates-revenue-decline-with-strategic-focus-on-north-america","status":"publish","type":"post","link":"https:\/\/uptownacesnodepositbonus.icu\/2024\/06\/12\/catena-media-navigates-revenue-decline-with-strategic-focus-on-north-america\/","title":{"rendered":"Catena Media Navigates Revenue Decline with Strategic Focus on North America"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/-kVOFJ-vVhE\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Catena Media experienced a significant revenue decrease of 28% in the third quarter of 2023, reaching \u20ac15.9 million (equivalent to $17.4 million), considering their discontinued business segments.  Excluding these discontinued operations, revenue from ongoing business activities actually declined by 28% compared to the second quarter of 2022.<\/p>\n<p>A positive aspect was the North American market, representing a considerable 84% of Catena&#8217;s overall revenue for the quarter.  Regarding North America, Catena was particularly satisfied to announce that their EBITDA margin in this region held steady at a strong 44%.<\/p>\n<p>Despite the revenue reduction, Catena Media stressed its solid financial standing, emphasizing a net cash amount of \u20ac21.2 million.  Looking forward, the company projects a substantial cash influx of \u20ac46.6 million from asset sales between the present and 2025. <\/p>\n<p>Eighteen months ago, we began a transformation of Catena Media,&#8221; stated Chief Executive Michael Daly, reviewing the firm&#8217;s latest fiscal results. &#8220;We undertook a critical self-assessment, optimized processes, and reemerged as a more agile and lucrative entity.&#8221; He highlighted their robust financial position and preparedness to allocate resources towards advanced technologies, especially within their key North American sector. <\/p>\n<p>Daly provided these observations and additional perspectives in the CEO Special featured in Gaming America&#8217;s September\/October edition. He offered a peek into his professional path, the assets he contributes to Catena Media, and his strategy for guiding the company toward future prosperity. For a comprehensive understanding of Daly&#8217;s viewpoints and his roadmap for Catena Media, explore the complete interview. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Catena Media experienced a significant revenue decrease of 28% in the third quarter of 2023, reaching \u20ac15.9 million (equivalent to $17.4 million), considering their discontinued business segments. Excluding these discontinued operations, revenue from ongoing business activities actually declined by 28% compared to the second quarter of 2022. A positive aspect was the North American market, [&hellip;]<\/p>\n","protected":false},"author":52,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"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 Q3 2023: Revenue Down, But North America Shines<\/title>\n<meta name=\"description\" content=\"Catena Media\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uptownacesnodepositbonus.icu\/2024\/06\/12\/catena-media-navigates-revenue-decline-with-strategic-focus-on-north-america\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Catena Media Navigates Revenue Decline with Strategic Focus on North America\" \/>\n<meta property=\"og:description\" content=\"Catena Media\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uptownacesnodepositbonus.icu\/2024\/06\/12\/catena-media-navigates-revenue-decline-with-strategic-focus-on-north-america\/\" \/>\n<meta property=\"og:site_name\" content=\"Experience the Best of Online Casino Gaming | Licensed &amp; Trusted\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-12T07:09:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-13T09:05:18+00:00\" \/>\n<meta name=\"author\" content=\"Connor &quot;Colt&quot; Hughes\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Connor &quot;Colt&quot; Hughes\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/uptownacesnodepositbonus.icu\/2024\/06\/12\/catena-media-navigates-revenue-decline-with-strategic-focus-on-north-america\/\",\"url\":\"https:\/\/uptownacesnodepositbonus.icu\/2024\/06\/12\/catena-media-navigates-revenue-decline-with-strategic-focus-on-north-america\/\",\"name\":\"Catena Media Q3 2023: Revenue Down, But North America Shines\",\"isPartOf\":{\"@id\":\"https:\/\/uptownacesnodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-12T07:09:59+00:00\",\"dateModified\":\"2024-06-13T09:05:18+00:00\",\"author\":{\"@id\":\"https:\/\/uptownacesnodepositbonus.icu\/#\/schema\/person\/ad5e9971c33fdff6f580e11ba95fd767\"},\"description\":\"Catena Media\",\"breadcrumb\":{\"@id\":\"https:\/\/uptownacesnodepositbonus.icu\/2024\/06\/12\/catena-media-navigates-revenue-decline-with-strategic-focus-on-north-america\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/uptownacesnodepositbonus.icu\/2024\/06\/12\/catena-media-navigates-revenue-decline-with-strategic-focus-on-north-america\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/uptownacesnodepositbonus.icu\/2024\/06\/12\/catena-media-navigates-revenue-decline-with-strategic-focus-on-north-america\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/uptownacesnodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Catena Media Navigates Revenue Decline with Strategic Focus on North America\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/uptownacesnodepositbonus.icu\/#website\",\"url\":\"https:\/\/uptownacesnodepositbonus.icu\/\",\"name\":\"Experience the Best of Online Casino Gaming | Licensed &amp; Trusted\",\"description\":\"Discover a world of exciting opportunities in online gambling with our regularly updated news, in-depth reviews, and informative insights. 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