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Redeye states the report was 2% higher in sales while higher OPEX weighted on the EBITDA and EBIT resulted in 21% and 26% miss, respectively. After a tumultuous Q2 2024 report, which hit the stock hard, InfraCom sees a slight positive outlook. Additionally, with a renegotiated credit facility, InfraCom has excess liquidity and is confident it can execute acquisitions again. Redeye expects to make minor adjustments to its Net Sales and OPEX estimates and expects a relief rally in the share.
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