Shares in Catena Media slumped by nearly 18 per cent in Stockholm
Tuesday after the company warned that it would post an operating loss for the
final quarter of 2019.
Catena Media said that its Q4 results would be impacted by
the impairment of intangible assets, the adoption of IFRS 9 accounting
assumptions, and an exceptional revenue adjustment in the United States.
As a result, the online lead generation specialist expects Q4
operating revenue to decline by 0.7 per cent to €27.1m, [...]
