Imint Q2’20: Impressive Resilience
Research Note
2020-08-21
09:14
Redeye notes that Imint’s Q2’20 report beat our expectations. Sales grew by 11% y/y, despite a challenging quarter on the smartphone market. Global smartphone shipments decreased by -24% y/y in Q2’20, and hence, the company performance is all the more impressive. We will review the case and our estimates with a slightly positive bias.
EM
Erika Madebrink
Disclosures and disclaimers