Sensys: Weak from System Sales but Strong TRaaS

Research Note

2022-11-17

08:56

Redeye concludes that Q3 showed weak financials due to delay in the Saudi order, higher OPEX due to FX effects, and perhaps also because the previous order from Swedish Trafikverket was completed in Q2 and didn’t generate any sales in the quarter. Though, this last bit is still just speculation.

JVK

Jesper Von Koch

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