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Zordix - Strong Pipeline Ahead of High Season

2022-09-19 07:58:00

Redeye updates on Zordix following another quarter with stable performance beating our estimates. The outlook for H2 remains strong as Zordix move into high season with a strong pipeline. However, also considering slightly lower overall growth in the gaming market we trim our EBITDA estimates with c. 5-8% over 2022-24E.

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This is a press release from Redeye - Research Powered Investment Banking.