Gapwaves Q3’20: First comment
Redeye maintains its positive long-term stance on the back of a weak Q3 – and believes that a more extensive volume-production agreement could be within reach. Having said that, sales in Q3 were well below our expectations, to a large extent, due to the production of 3,000 antennas to Uhnder, and some delivery issues that came along with it. We will make some slight downward adjustments in our near-term estimates.