Truecaller Q3 2024: Solid report and new CEO appointment - Redeye

Redeye comments on Truecaller’s Q3 2024 report and the new CEO appointment. The Q3 figures were solid and roughly in line with both our and consensus estimates. Ad revenues returned to y/y growth, while recurring revenues continued to grow at a strong pace. Based on the report, Redeye expects to make minor upward estimate revisions.

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