Arteria Networks - Focused Growth Supported by High-Quality Assets (Initiation of Coverage)

Arteria Networks Q4 20 Results: Robust Growth in Mid-Term Plan

Arteria Networks (Buy)- Aggressive Growth Plans Highlight Market Potential

Arteria Networks - Q2 20 Results: On Track to Meet Full-Year Guidance

Telco/Internet specialist

Kirk Boodry

Redex Research

Equity Bottom-Up

<p>Arteria posted mixed Q3 20 results as an easing of Covid-19 restrictions helped sales growth recover although higher operating costs remain a drag on profitability. Management has kept its full-year guidance intact and we suspect that the result will be a lot like Q3 with a revenue beat but profitability miss.   Shares are traded down 2% on the expectation that FY20e targets may be out of reach but the focus should be on the sustainable demand for Arteria products and services as the corporate environment shifts. </p>

Arteria posted mixed Q3 20 results as an easing of Covid-19 restrictions helped sales growth recover although higher operating costs remain a drag on profitability. Management has kept its full-year guidance intact and we suspect that the result will be a lot like Q3 with a revenue beat but profitability miss.   Shares are traded down 2% on the expectation that FY20e targets may be out of reach but the focus should be on the sustainable demand for Arteria products and services as the corporate environment shifts. 

Arteria Networks Q3 20 Results: Encouraging Return to Top-Line Growth Despite Margin Shortfall

ARTERIA Networks Corp

Arteria Networks Q3 20 Results: Encouraging Return to Top-Line Growth Despite Margin Shortfall