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Seamless Distribution Systems Q2: Initial Take - Redeye

Redeye expects to mute sales expectations slightly since customer delays have impacted these. Moreover, the CEO and chairman left the company during the quarter, which reasonably should have impacted operations somewhat. Even so, the company reported in line with the comparison period, which we think is positive.

Redeye expects to mute sales expectations slightly since customer delays have impacted these. Moreover, the CEO and chairman left the company during the quarter, which reasonably should have impacted operations somewhat. Even so, the company reported in line with the comparison period, which we think is positive.
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