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Onsdag 28 Oktober | 18:11:33 Europe / Stockholm

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Redeye

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Sivers Semiconductors - Awaiting Acceleration in H2

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Sivers Semiconductors - Awaiting Acceleration in H2

2022-07-22 07:45:00

Redeye states that the Q2 report was weaker than expected in terms of sales and gross margin, but that good cost control kept the burn rate at reasonable levels. Looking ahead, H2 looks promising with an improved component supply and an increasing willingness to invest from customers. Redeye lowers mid-term estimates and lowers its valuation.

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