Redeye retains its positive view despite lowering its Base Case and forecasts. We consider the Q2 report a mixed bag. The most important metric, ARR growth, was strong and slightly better than anticipated, while OPEX was substantially higher than we expected, hurting profitability.

https://www.redeye.se/research/923679/vertiseit-solid-top-line-while-high-opex-hurt-profitability?utm_source=finwire&utm_medium=RSS

Redeye