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Acconeer Q3 2024: Over 400k sensors delivered in the quarter - Redeye

Acconeer's net sales grew 74% y/y but deviated 16% from our estimate. Additionally, over 400k sensors were delivered in the quarter indicating 50% sequentual growth. Inventory levels continue to decline while working capital was challanged by 'one-off' events. Redeye expects to revise its estimates and fair value range.

Acconeer's net sales grew 74% y/y but deviated 16% from our estimate. Additionally, over 400k sensors were delivered in the quarter indicating 50% sequentual growth. Inventory levels continue to decline while working capital was challanged by 'one-off' events. Redeye expects to revise its estimates and fair value range.
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