Smart Eye: Growth in Automotive Starting to Pick Up - Redeye

Redeye concludes that Q3 came in just below Redeye’s estimates on a like-for-like basis. Like-for-like revenue was 5% below expectations, where Automotive started to show healthy sequential growth. Cost base was in line with Redeye’s expectations. Redeye will make small downward changes in estimates, likely resulting in a valuation reduction of about 5%.

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