Waystream Q3’23: First take – Continued challenging markets - Redeye

Redeye sees a Q3 report that was weaker than expected, where we have underestimated the effect of a standoffish city networks market in the Nordics. After the relatively weak Q2, we took down our expectations for the rest of the year, apparently not enough. The macroeconomic situation has made the fiber market become more of a wait-and-see market at this point. We expect to lower our estimates and our Base case by some 15-20% after negative revisions and higher WACC due to a higher risk free interest rate.

Länk till analysen i sin helhet: https://www.redeye.se/research/948217/waystream-q323-first-take-continued-challenging-markets?utm_source=finwire&utm_medium=RSS