Weimob Could Meet 1H Revenue Market Views on SaaS Strength -- Market Talk
Weimob Could Meet 1H Revenue Market Views on SaaS Strength -- Market Talk
DJ Weimob Could Meet 1H Revenue Market Views on SaaS Strength -- Market Talk
DJ Weimob可能满足1H营收市场对SaaS实力的看法--市场对话
0207 GMT - Weimob's 1H revenue growth could be in line with market expectations thanks to higher contributions from its software-as-a-service subscriptions, Citi Research says. The software company is expected to report 70% on-year growth in its 1H SaaS subscription revenue amid strong growth momentum from digitalization trends, Citi says. The U.S. bank expects Weimob's long-term growth to be driven by its expanded R&D team, which could develop more integrated products for consumers. Citi maintains a buy rating and HK$36 target price on shares, which are 3.5% lower at HK$12.24. (justina.lee@wsj.com)
0207GMT-花旗研究(Citi Research)表示,得益于软件即服务订阅的更高贡献,Weimob的1H营收增长可能符合市场预期。花旗表示,由于数字化趋势带来的强劲增长势头,这家软件公司预计其1H SaaS订阅收入将同比增长70%。这家美国银行预计,Weimob的长期增长将受到其扩大的研发团队的推动,该团队可能会为消费者开发更多集成的产品。花旗维持买入评级和36港元目标价,后者下跌3.5%,报12.24港元。(justina.lee@wsj.com)
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July 14, 2021 22:07 ET (02:07 GMT)
2021年7月14日美国东部时间22:07(格林尼治标准时间02:07)
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