Mentice Q1 2024: Weak Q1 sets high bar for the rest of 2024e - Redeye

Redeye updates its estimates and valuation following Mentice’s Q1 2024 report. Both top-line and profitability figures came in far below our estimates. However, we judge that investors should not extrapolate the quarter into the future, given the substantial q/q volatility of Mentice’s net sales and order intake. We lower our estimates and valuation.

Länk till analysen i sin helhet: https://www.redeye.se/research/1002560/mentice-q1-2024-weak-q1-sets-high-bar-for-the-rest-of-2024e?utm_source=finwire&utm_medium=RSS