Sivers (Q3 Initial take): 34% Growth, Solid Underlying Trends - Redeye
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Sivers (Q3 Initial take): 34% Growth, Solid Underlying Trends - Redeye

Redeye states that the Q3 report showed continued strong growth, especially in the Wireless segment. Adjusted for currency fluctuations, net sales increased by 34% y/y, with Wireless being the main contributor. Although the headline figures came in slightly softer than we expected, we believe the majority of the deviation stems from a larger FX impact than anticipated, while the underlying progress remains solid.

Redeye states that the Q3 report showed continued strong growth, especially in the Wireless segment. Adjusted for currency fluctuations, net sales increased by 34% y/y, with Wireless being the main contributor. Although the headline figures came in slightly softer than we expected, we believe the majority of the deviation stems from a larger FX impact than anticipated, while the underlying progress remains solid.
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