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Hexatronic: Lowering our Q4 and 2024 Forecasts - Redeye

Redeye lowered its forecasts and Base Case following Hexatronic’s downgrade of its short-term guidance. The market environment, particularly for duct in the US and FTTH in Germany, weakened further during November. While we believe the long-term case still has substantial potential, low visibility and uncertainty in our forecasts motivate a higher risk premium.

Redeye lowered its forecasts and Base Case following Hexatronic’s downgrade of its short-term guidance. The market environment, particularly for duct in the US and FTTH in Germany, weakened further during November. While we believe the long-term case still has substantial potential, low visibility and uncertainty in our forecasts motivate a higher risk premium.
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