Bildkälla: Stockfoto

InfraCom Q2 2024: Potential entry point for the long-term investor - Redeye

Redeye states the report was weak, and it is apparent that InfraCom struggles with its Connect acquisition (further write-down of earnouts) and the departures of two entrepreneurs of two acquired companies. Although InfraCom faces significant challenges, we believe the subscription-based income streams remain relatively strong, and today’s sell-off may be a good entry point for long-term investors. Redeye expects to reduce its estimates and its fair value range.

Redeye states the report was weak, and it is apparent that InfraCom struggles with its Connect acquisition (further write-down of earnouts) and the departures of two entrepreneurs of two acquired companies. Although InfraCom faces significant challenges, we believe the subscription-based income streams remain relatively strong, and today’s sell-off may be a good entry point for long-term investors. Redeye expects to reduce its estimates and its fair value range.
Börsvärldens nyhetsbrev
ANNONSER