Evolution Q1 2023 initial take: Solid growth and strong profitability
Research Note
2023-04-27
08:10
Redeye comments on Evolution’s Q1-results which came in stronger than expected with revenue slightly above forecasts while strong profitability helped to beat our EBITDA forecast with 3%. The company reiterates its margin guidance of 68-71% for the full year.
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Hjalmar Ahlberg
Anton Hoof
Disclosures and disclaimers