Redeye: Sivers Semiconductors: Waiting Game for the Dust to Settle
Redeye states that the Q4 report was weaker than expected and that customer projects will be delayed in both the short and long term. However, the underlying position for Sivers is still strong. This creates a waiting game where the short term will offer poor numbers, but where the full-scale acceleration is still very much expected. Redeye lowers its estimates and valuation range.
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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/