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Acarix Q2 2024: Initial take – soft revenues but good cost control - Redeye

Redeye views Acarix's Q2 as weaker than anticipated, with lower-than-expected revenues. However, the company's ongoing cost-cutting measures positively impacted results, making the EBIT deviation relatively modest. We anticipate making downward revisions to our forecasts and fair value range.

Redeye views Acarix's Q2 as weaker than anticipated, with lower-than-expected revenues. However, the company's ongoing cost-cutting measures positively impacted results, making the EBIT deviation relatively modest. We anticipate making downward revisions to our forecasts and fair value range.
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