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Redeye: DORO - Upside potential still intact, strong balance sheet limit the downside

Redeye provides an update following the Q3 report. Doro's performance exceeded our expectations, driven by a rapid acceleration into 4G feature phones and exceptionally strong operational margins. We now believe that the worst is behind us, prompting us to raise our estimates and valuation range by 10%.

Read more and download the Research Update.

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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/

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DORO - Upside potential still intact, strong balance sheet limit the downside

Source:MFN
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