Redeye: Updated analysis of Formpipe - Profitability trending upwards

Formpipe's Q3 revenue was in line with our expectations, while EBIT on the other hand was significantly better than our estimates. We are also pleased to read that recurring revenue continues to grow and now amounts to 57% of net sales. Read more in the Research Update by Johan Svantesson: https://goo.gl/xyfJaV

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This is a press release from Redeye - Research Powered Investment Banking. https://www.redeye.se/