Redeye: Anoto - Something to write home about
Anoto’s low Q2 license sales were due to customers ordering the old pens, although in order for them to get the new pens they will have to pay up-front license fees. As almost all sales were pen hardware the Q2 gross margin of 48 percent was strong and we find it likely that the new pens can further strengthen the gross margin.
Read more and download the research update: http://bit.ly/2L7DPZi
Start following companies at Redeye to receive the latest equity research within Life Science and Technology.
This is a press release from Redeye - Research Powered Investment Banking. https://www.redeye.se/about/