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Redeye comments in Carasent's Q4 2022 report, which came in above our estimates on the ARR and net sales, but slightly below on the margin side. However, Carasent's management signaled in the report that it has slowed down new hires at the beginning of the year, and we expect margins to strengthen in 2023. Overall, and compared to previous quarters in 2022, we argue that Q4 2022 was decent. The company will provide financial targets in Q2 2023.
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