ENXTPA:ATEMECommunications
ATEME (ENXTPA:ATEME) Stock Awaits Proof That Profitability Can Endure
ATEME walked into this earnings day with a profitable trailing year, a premium P/E and a stock that barely moved over the past month. The share price reaction around €12.4 now clashes with a headline that matters far more for long term holders. The key story is profitability. Management delivered €2.9m in half year net income on €50.4m of revenue, after a period when the company had reported losses in an earlier half. For a video compression specialist often viewed as a growth first story,...