Leaddesk delivered sales in line and EBITDA slightly above our estimates. Organic growth improved to 17% and the ARR is still c. 15% up y/y, topping our estimate. The deployment of large enterprise deals is proceeding and should create tailwinds for Q4 and 2023. However, the current economic uncertainty is visible in new business for the enterprise segment. The troubled energy sector looks to have stabilised from Leaddesk's point of view.
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