Sivers Semiconductors: Expected to meet one of its two targets for 2023

Research Note

2024-01-11

07:00

Redeye provides commentary on Sivers' pre-announced figures for 2023. Sivers has communicated that it will meet its adjusted EBITDA target despite falling short of its initial sales growth target of 100% for the year. Sivers anticipates a 65% to 75% net sales growth for 2023. In response to this update, Redeye has revised its estimates and fair value range accordingly.

JVK

Jesper Von Koch

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