Redeye: Sivers IMA - Promising development

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Sivers IMA delivered a strong Q3 report, characterized by high growth (68% y/y) and gross margin improvements. We expect a number of eventful months ahead, following the completion of its wireless chips and the potential for large datacom orders. We have remodeled our estimates for 2019-2021 somewhat, which, however, have a limited effect on our fair value.

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