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Redeye provides our initial take on Wyld Networks Q4 ’22 report, which contained no major surprises. Wyld entered the commercial phase for its satellite IoT network service in late Q4 ‘22, and we note an intense quarter with high business activity and a well-contained cost base. We believe the company is progressing according to plan, and we will likely only make minor adjustments to our estimates and fair value range.
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