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Related commentary and analysis
Comment on financial results: Avast (Under revision, 12m target = under revision) - Excellent results led to increased guidance
8/14/2019 2:47 PM
Results:
Our estimates for 1H19 results were based on management guidelines even though all
estimated results exceeded our estimates more or less. Adjusted billings (i.e.
total paid amount for services including subscriptions for the following years)
grew 6.8% to $459.6m. The consumer direct segment contributed the most to this
growth. Adjusted revenue grew 5.8% to $426.8m. Profitability measured as
adjusted EBITDA rose 6.5% to $236.5m. The adjusted EBITDA margin grew 36bps to
55.4%.
Other commentaries
- 8/14/2019 2:47 PMComment on financial results: Avast (Under revision, 12m target = under revision) - Excellent results led to increased guidance
- 8/13/2019 12:18 PMComment on financial results: CEZ (Buy, 12m target = CZK717) - Pay attention to profitability over construction of new nuclear source
- 8/9/2019 9:16 AMResults Preview: Avast (Buy, 12m target = GBp342) - Avast continues growth
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