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Onsdag 28 Oktober | 21:04:26 Europe / Stockholm

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Advenica Q2’23 - Strong topline, investing for future growth

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Advenica Q2’23 - Strong topline, investing for future growth

2023-07-24 11:30:00

Redeye states that Advenida’s Q2 report was stronger than our estimates on topline. Net revenue was up 15% y/y to SEK31m. Following customer-driven projects Advenicas R&D spending increases and therefore we lower our operating margin in the short term.

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