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Sivers Semiconductors Q2’24: Estimate beat and significant 5G design win - Redeye

Redeye states that the Q2 report came in above its estimates on both sales and EBITDA. Further, the report included one significant 5G design win that Redeye believes could generate annual revenues of cSEK100m. This implies significantly improved momentum in Sivers' 5G business. Resulting from this order, Redeye is looking to increase its Wireless estimates and likely also its fair value range.

Redeye states that the Q2 report came in above its estimates on both sales and EBITDA. Further, the report included one significant 5G design win that Redeye believes could generate annual revenues of cSEK100m. This implies significantly improved momentum in Sivers' 5G business. Resulting from this order, Redeye is looking to increase its Wireless estimates and likely also its fair value range.
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