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Weimob Could Meet 1H Revenue Market Views on SaaS Strength -- Market Talk

Weimob Could Meet 1H Revenue Market Views on SaaS Strength -- Market Talk

Weimob可能滿足1H營收市場對SaaS優勢的看法--市場對話
Dow Jones Newswires ·  2021/07/14 22:07

DJ Weimob Could Meet 1H Revenue Market Views on SaaS Strength -- Market Talk

DJ Weimob可能滿足1H營收市場對SaaS實力的看法--市場對話

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，得益於軟件即服務訂閲的更高貢獻，Weimob的1H營收增長可能符合市場預期。花旗表示，由於數字化趨勢帶來的強勁增長勢頭，這家軟件公司預計其1H SaaS訂閲收入將同比增長70%。這家美國銀行預計，Weimob的長期增長將受到其擴大的研發團隊的推動，該團隊可能會為消費者開發更多集成的產品。花旗維持買入評級和36港元目標價，後者下跌3.5%，報12.24港元。(justina.lee@wsj.com)

(END) Dow Jones Newswires

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July 14, 2021 22:07 ET (02:07 GMT)

2021年7月14日美國東部時間22：07(格林尼治標準時間02：07)

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