Imint Q4 2022: Turning to a loss amid a historic slump in worldwide smartphone sales
Research Note
2023-02-24
08:54
Redeye comments on Imint’s Q4 2022 report, which came in weaker than expected, both in terms of sales and profitability. Worldwide smartphone shipments suffered the largest-ever decline in Q4 2022 (a holiday quarter) and were down by around 18% y/y, according to IDC, which tracks shipments. This dented Imint’s financial performance substantially.
MS
Mark Siöstedt
Disclosures and disclaimers