OM:VSURECommercial Services
Verisure (OM:VSURE) Stock Price Mirrors Profit Progress And Valuation Tension
Verisure shares closed at €10.77 on Friday after a choppy week, with the stock roughly flat over seven days and modestly higher over the past month. The market reaction looks muted compared with the headline from this earnings season. The core security monitoring business pushed quarterly revenue to €1,023.6m while net income slipped to €3.8m, leaving the trailing twelve month result still in loss territory. The focus now is on whether that improving loss profile and a P/S multiple above...