Bildkälla: Stockfoto

Gofore: Sales decline in May; below our estimate - SEB

Gofore's May sales came in at EUR 16.8m, missing our estimate by 6%. The reported growth in the month was -2% and we calculate the organic decline at around -5%. Unlike in previous months, in May there was no day-count impact. Given that both April and May have missed our expectations, we see negative pressure on our Q2 estimates.

Gofore's May sales came in at EUR 16.8m, missing our estimate by 6%. The reported growth in the month was -2% and we calculate the organic decline at around -5%. Unlike in previous months, in May there was no day-count impact. Given that both April and May have missed our expectations, we see negative pressure on our Q2 estimates.
Börsvärldens nyhetsbrev
ANNONSER