Gentoo Media (Q3 Review) - Profitability rebounds despite soft topline

Redeye updates on Gentoo Media after Q3-results which were somewhat weaker-than-expected owing to a soft topline driven by a weak sports margin. However, the company saw EBITDA-margin recover despite the soft topline and we believe the profitability is gradually coming back to historical levels. The reiterated guidance and a solid start to Q4 also suggests potential for a strong year-end performance.

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