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Catena Media reports record revenue and earnings in first quarter


Catena Media reports record revenue and earnings in first quarter
19th May 2021
| By Robert Fletcher
Affiliate business Catena posted record revenue and earnings in the first quarter of its 2021 financial year after what it described as an “exceptional” performance in North America and other key global markets.
Revenue for the three months to 31 March amounted to €40.7m (£35.1m/$49.8m), which was 52.4% higher than the €26.7m generated in the opening quarter of last year.
Search revenue in Q1 totalled €38.4m, up 60.7% on last year, though paid revenue was down 3.0% to €2.3m, while Catena did not generate any revenue from subscriptions in Q1 of 2021.  ....

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