Lead generation company Catena Media has predicted that Q2 of 2020 will see ‘all-time high’ records for quarterly revenues, after publishing a trading update for the same period.  

Estimating that revenue for the quarter will total approximately €27.7m, Catena Media notes that this reflects an increase of around 17 per cent over last year, resulting in a record in quarterly revenues.

Per Hellberg, CEO of Catena Media, said that “given the extraordinary global circumstances, Q2 was a very challenging quarter, so we are happy to report that the measures taken by the company helped us achieve the best quarter ever in the history of the company.”

Per Hellberg, CEO of Catena Media

The impressive performance has been attributed to the company’s growth across the casino segment, as well as a significant increase in Catena’s US business when compared to the same period in 2019. 

With land-based casinos being forced to close their doors due to lockdown and sporting events at a standstill, online casinos benefitted, reporting a ‘tremendous’ growth.

While Catena Media’s sports business ‘naturally suffered’ from the aforementioned, the company saw a late recovery towards the end of the quarter, in accordance with several mainstream football leagues making a return.