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STRAX - Improved Outlook

2020-09-29 08:00:00

Redeye remains positive to STRAX following a solid Q2-beat, with topline growth of 27% y/y. The performance during the COVID-19 crisis has surpassed our expectations, and we believe STRAX, with a solid pipeline, is well-positioned to grasp the opportunity as the market recovers. As we previously highlighted, the strong performance justified an increased base case valuation.

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