OM:SINCHSoftware
Sinch (OM:SINCH): Assessing Valuation After Net Loss Reduction and Completion of Share Buyback Program
Sinch (OM:SINCH) just released its third quarter results, showing a sharp drop in net losses even though sales dipped slightly. Management also wrapped up a sizeable share buyback, which often signals confidence in the company’s future.
See our latest analysis for Sinch.
Sinch’s share price has rallied more than 42% year-to-date, signaling renewed investor optimism as management slashed net losses and completed a major share buyback program. However, the 1-year total shareholder return of 32%...