Acconeer: Solid Underlying Development - Redeye

Redeye concludes that Q4 came in somewhat below its estimates, but that sensor sales has now picked up pace as the first automotive customer has now entered into production. Product sales were 11% below estimates, negatively affected by lower module sales which was indirectly held back by component shortage. Also, ten new customer launches were made in the quarter, in line with the company's quarterly target. Redeye will only make small downward changes to its short-term sales estimates, but will likely leave the current valuation range intact.

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