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SENASTE
Tempest Security will publish its Q4 results on 23 February. The pandemic clearly creates short-term turbulence for the security services market, but we argue that Tempest has successfully navigated through the storm and will enter the recovery from a position of strength. We lower our estimates due to prolonged effects from the pandemic, but believe M&A is high on the agenda and could potentially support growth during the first half of 2021.
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