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MSAB B — Micro Systemation AB (publ) News Story

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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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