A not so good Q4, Anoto
Research Note
2018-02-28
10:12
Anoto's fourth quarter was not a good one. We clearly underestimated the time to get the new business model in place, meaning we will likely have to lower our estimates for the coming quarters. For the long-term estimates however, we believe that we have already discounted these kind of problems. Thus, we do not expect to make any significant changes in our valuation.
VW
Viktor Westman
Disclosures and disclaimers