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Redeye reiterates its fair value range after an eventful quarter dominated by several product launches.
Redeye shares its thoughts on SSH Communications’ Q3 report. The highlights include solid organic sales growth, positive EBITDA, and operational improvements.
Redeye provides an extended research note to discuss the top line deviation, PrivX momentum, and impressive ARR / subscription sales figures in the Q2 report.
Redeye has a favorable view of SSH’s Q2 report – dominated by product development, operational milestones, and the consolidation of Deltagon. We anticipated a somewhat better top line, falling short of expectations.
Redeye initiates coverage of SSH Communications (SSH), a Finnish cybersecurity firm enjoying recognized leadership in Privileged Access Management (PAM) and cryptographic solutions.