Catena Media share price down double digits on missed Q2 targets

The Malta-based affiliate firm cites the UK’s new KYC measures as a key reason for 9% revenue decrease

Catena Media’s share price fell more than 18% in early trading after the affiliate firm reported a Q2 revenue dip of 9% to €23.7m. EBITDA for the second quarter dropped by 22% to €9.5m, while New Depositing Customers (NDCs) decreased by 29% to 99,981, down from 140,154 in the same period last year. The Malta-headquartered…

Affiliates | Catena Media | Finance | Per Hellberg | UK