OB:MEDIMedical Equipment
Medistim (OB:MEDI) Stock Rallies On Record Margins As Capacity Questions Linger
Medistim stock went into this Q2 print on a strong run, up about 10% over the past month and closing at NOK246 on Friday. The market already priced in a lot of optimism. The earnings release delivered hard proof of that optimism, with record quarterly revenue of NOK202.0m and EBIT of NOK65.3m, supported by a Q2 EBIT margin of 32.3%.
In the short term, the story is a rich multiple on a stock that has kept surprising on profit quality. The longer-term question for investors is whether Medistim...