Truecaller: Record-breaking quarter and continued margin focus ahead - Redeye

Redeye states that Truecaller's Q2 report was strong in all aspects. All revenue streams developed well, user growth was impressive, and the reported user engagement indicates a long growth runway for increased monetization. The advertising market has stabilised at a lower level than in 2022 and Truecaller aims to maintain its margin focus until the market improves. Redeye raises its estimates and valuation range.

Länk till analysen i sin helhet: https://www.redeye.se/research/924181/truecaller-q2-update?utm_source=finwire&utm_medium=RSS