Bildkälla: Stockfoto

Vertiseit Q3’21: Initial Take - Redeye

Redeye will likely raise its sales, gross profit, and OPEX forecasts following a Q3 with solid sales and softer than expected margins. The relevance of our estimates is lower than usual as the sales mix in Grassfish seems to differ from our assumptions. However, the crucial ARR continued to show solid growth q/q.

Redeye will likely raise its sales, gross profit, and OPEX forecasts following a Q3 with solid sales and softer than expected margins. The relevance of our estimates is lower than usual as the sales mix in Grassfish seems to differ from our assumptions. However, the crucial ARR continued to show solid growth q/q.
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