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G5 Entertainment: Q2 Weaker Than Expected but Positive H2 22 Outlook - Redeye

Redeye updates estimates and valuation following G5’s Q2-results which came in weaker than expected, mainly on the back of higher-than-expected opex. While we have increased opex assumptions going forward, the growth outlook for H2 is positive and with normalized UA costs earnings should improve as well.

Redeye updates estimates and valuation following G5’s Q2-results which came in weaker than expected, mainly on the back of higher-than-expected opex. While we have increased opex assumptions going forward, the growth outlook for H2 is positive and with normalized UA costs earnings should improve as well.
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