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Onsdag 28 Oktober | 17:16:21 Europe / Stockholm

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NeoDynamics Q3 - No sales but important regulatory milestone

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NeoDynamics Q3 - No sales but important regulatory milestone

2022-11-21 07:51:00

Redeye lowers its fair value range for NeoDynamics following the continuous assessment of the company’s financial position and an increased WACC due to a higher risk-free rate. Net sales were, as expected, practically zero in the quarter, but with a US launch during Q1 2023 and commenced production in the EU, we believe next year entails improved growth opportunities.

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