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Hoylu Q2 2023: ARR slightly stronger than expected - Redeye

Redeye states its view on Hoylu’s Q2 2023 report, announced earlier today. The total ARR reached SEK56.2m, slightly higher than expected, while operating expenses aligned with our expectations, which made the bottom line slightly less negative than expected. Accordingly, we expect to review our forecast, which likely will impact our valuation slightly.

Redeye states its view on Hoylu’s Q2 2023 report, announced earlier today. The total ARR reached SEK56.2m, slightly higher than expected, while operating expenses aligned with our expectations, which made the bottom line slightly less negative than expected. Accordingly, we expect to review our forecast, which likely will impact our valuation slightly.
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