Kicky : Adesto Technologies Memory Player is booming
ich habe sie schon ne Weile auf der Watchlist .
In the Q2CC, the CFO summed up the quarter as follows: "So I think everything is growing and they are all growing strongly."
And indeed, trade war nor a global manufacturing slowdown seem to have gotten a grip on this company. After having digested two acquisitions, margins and cash flow are also turning up. What's not to like?
The shares of Adesto Technologies (IOTS) are up nearly 80% since our last article on the company in December last year.Things are moving really well for the company especially after the Q2 figures, which isn't surprising to us....."
The company has three main product families:
ASIC (application specific integrated circuit)
And it has three main market segments:
Consumer (45% of revenue)
Industrial (48% of revenue)
The company is facing a large and fast growing market opportunity....."