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Safello Q1’22: Initial comment - Redeye

Redeye comments on Safello’s Q1 report, which deviated somewhat on net revenue but was more or less in line on absolute terms on the EBIT level, thanks to a somewhat better gross margin and lower opex than expected. Cryptocurrencies faced, much like many stock markets worldwide, a frosty early reception in 2022.

Redeye comments on Safello’s Q1 report, which deviated somewhat on net revenue but was more or less in line on absolute terms on the EBIT level, thanks to a somewhat better gross margin and lower opex than expected. Cryptocurrencies faced, much like many stock markets worldwide, a frosty early reception in 2022.
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