Sivers IMA: Promising development
Research Update
2018-11-21
07:30
Sivers IMA delivered a strong Q3 report, characterized by high growth (68% y/y) and gross margin improvements. We expect a number of eventful months ahead, following the completion of its wireless chips and the potential for large datacom orders. We have remodeled our estimates for 2019-2021 somewhat, which, however, have a limited effect on our fair value.
DB
VW
Dennis Berggren
Viktor Westman
Disclosures and disclaimers