XMReality Q1’21: Initial Take

Research Note

2021-04-28

09:35

Redeye is encouraged to see a positive ARR trend, which grew ~10% Q/Q. While the report is somewhat below our expectations, we don't expect to make significant estimate changes. XMReality is well-positioned to see further growth - it completed a large capital raise and has gained several impressive reference customers. We will return with a longer research update soon.

FG

Forbes Goldman

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