M.O.B.A. Network Q2 2023: Initial take - Redeye

Redeye comments on M.O.B.A. Network’s Q2 2023 report, which came in softer than expected. The lower-than-expected numbers are primarily due to lower sales and a weaker gross margin. However, we are encouraged to see that traffic data has stabilized, laying a promising foundation for the company's growth when ad prices make a recovery.

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