Redeye: Talkpool - Still awaiting the IoT breakthrough
While having a positive view on the sales outcome in Q4, high costs and extraordinary items resulted in another quarter with net loss. Although expecting both continued growth and improved profitability, the share is under heavy pressure and we believe that the market awaits the IoT breakthrough. We have updated our Redeye rating, which together with forecast adjustments result in an updated fair value range.
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This is a press release from Redeye - Research Powered Investment Banking. https://www.redeye.se/about/