C79 -9.11% was weak today, although recovered some of the early (sharp) declines after the pace of deployment of new units slowed. Revenue guidance for FY25 of between $60-70m was ~9% below expectations and implies a lower number of units being deployed. While there was some reason for optimism, with 2 new contracted units post quarter with new customers, the overall run-rates have dropped.
MM has turned neutral C79 post todays update
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