Safeture's ARR and net revenue were in line with Redeye's estimates, and the company continues to show good business momentum. The surprise in the report was the better-than-anticipated operating loss, which more or less halved y/y. While the net revenue grew by 39% y/y, OPEX grew by only 5.5%, thus indicating strong scalability. Redeye is positive to Safeture's Q3 report.
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