Sweden's Micro Systemation prelim Q2 revenue surges
Sweden's Micro Systemation prelim Q2 revenue surges
Overview
Sweden forensic tech firm's preliminary Q2 revenue rose 50% yr/yr to SEK 122 mln
Company says revenue growth not expected to significantly impact costs this quarter
Company maintains previously communicated long-term financial targets
Outlook
Company maintains previously communicated long-term financial targets for the full year
Company notes revenue may vary between quarters due to individual deals
Result Drivers
COSTS IMPACT - Co says revenue growth not expected to significantly impact costs this quarter
Company press release: ID:nMFN39JKcy
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue |
| SEK 122 mln |
|
Analyst Coverage
The one available analyst rating on the shares is "strong buy"
The average consensus recommendation for the office equipment peer group is "buy."
Wall Street's median 12-month price target for Micro Systemation AB (publ) is SEK78.25, about 6% above its July 3 closing price of SEK73.80
The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 17 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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