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Gasporox Q2 2024: Solid beat in a tough quarter - Redeye

Redeye states the report was solid, beating its net sales forecast by 25% and growing 19% y/y despite a tough comparison quarter and showing positive EBIT. Sales were broad-based, with sensors, instruments, and annual calibrations contributing to sales. Gasporox is on a good trajectory of sustainable profitability, with eight quarters of EBITDA positive results. Redeye expects a positive reaction in the share.

Redeye states the report was solid, beating its net sales forecast by 25% and growing 19% y/y despite a tough comparison quarter and showing positive EBIT. Sales were broad-based, with sensors, instruments, and annual calibrations contributing to sales. Gasporox is on a good trajectory of sustainable profitability, with eight quarters of EBITDA positive results. Redeye expects a positive reaction in the share.
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