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Onsdag 28 Oktober | 18:58:31 Europe / Stockholm

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Investor Relations

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Redeye

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Truecaller - Record-breaking quarter and continued margin focus ahead

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Truecaller - Record-breaking quarter and continued margin focus ahead

2023-07-24 11:35:00

Redeye states that Truecaller's Q2 report was strong in all aspects. All revenue streams developed well, user growth was impressive, and the reported user engagement indicates a long growth runway for increased monetization. The advertising market has stabilised at a lower level than in 2022 and Truecaller aims to maintain its margin focus until the market improves. Redeye raises its estimates and valuation range.

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