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Torsdag 17 September | 02:29:51 Europe / Stockholm

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Redeye

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Penneo - 2023 guidance implies continued solid growth

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Penneo - 2023 guidance implies continued solid growth

2023-03-01 10:58:00

Redeye provides a research update following Penneo’s Q4 2022 report. The ARR aligned with preliminary figures, while the EBITDA was slightly above our expectations. Penneo also revealed its full-year 2023 ARR and EBITDA guidance in connection with the report, implying continued solid growth. Accordingly, we take a stance on this and make estimate changes that have a slight effect on our valuation.

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