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Press release

Redeye: Vitec Q3 2023 - Resilient growth and margins

Vitec Software Group

Redeye updates its estimates and valuation following Vitec releasing its Q3 2023 report. Recurring revenues and margins exceeded our estimates, while non-recurring revenues came in below what we had pencilled in. We make limited changes to our estimates and valuation, and our view of Vitec’s investment case remains unchanged.

Read more and download the Research Update.

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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/

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Vitec Q3 2023 - Resilient growth and margins

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