because of lower operating expenses compared to our estimates. There were few
surprises in the report otherwise. Operationally, the focus remains on
engaging with central banks, banks and payment providers within digital cash
and on positioning the gesture technology for a host of applications,
primarily within AR and in-car monitoring systems. The overall picture is
consistent with the projections in our latest research update from late March
and we maintain the valuation interval unchanged at SEK 41.60 – 66.20 per
share.
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