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Addnode: Q1 beats our forecasts thanks to design - Redeye

Redeye will likely increase its Base case and forecasts somewhat following a solid Q1 report beating our forecasts. Design came in significantly better than we expected thanks to an improving market and increased internal efficiency. Process remained at high margins levels in line with our estimates, while PLM, although improving substantially YoY, came in somewhat soft.

Redeye will likely increase its Base case and forecasts somewhat following a solid Q1 report beating our forecasts. Design came in significantly better than we expected thanks to an improving market and increased internal efficiency. Process remained at high margins levels in line with our estimates, while PLM, although improving substantially YoY, came in somewhat soft.
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