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Mentice Q4 2023: Soft Q4 numbers, solid order intake - Redeye

Redeye provides its initial take on Mentice’s Q4 2023 report, which came in broadly below our estimates. We judge that positives from the report include a continued strong order intake, which should bode well for the company’s future growth prospects. Notable negatives include lower software and services sales and softer margins than we had pencilled in.

Redeye provides its initial take on Mentice’s Q4 2023 report, which came in broadly below our estimates. We judge that positives from the report include a continued strong order intake, which should bode well for the company’s future growth prospects. Notable negatives include lower software and services sales and softer margins than we had pencilled in.
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