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Bredband2 Q1 2023: Initial take - Redeye

Redeye states its view of Bredband2’s Q1 2023 report, released earlier today. Sales came in slightly below our expectations, while the margins were somewhat above our expectations due to lower OPEX than anticipated. Consequently, we expect to make minor estimate changes, which will likely slightly affect our valuation.

Redeye states its view of Bredband2’s Q1 2023 report, released earlier today. Sales came in slightly below our expectations, while the margins were somewhat above our expectations due to lower OPEX than anticipated. Consequently, we expect to make minor estimate changes, which will likely slightly affect our valuation.
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