Redeye: SSH Communications Security - Solid, profitable growth despite challenging market environment
Redeye provides an update following the Q3 report. Sales increased by 12% YoY, accompanied by a robust EBITDA margin of 19.2%, surpassing our profitability estimates by a significant margin. We adjusted the valuation upwards, but higher interest rates are impacting the valuation range.
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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/