HMS Networks AB (HMNKF) Q3 2024 Earnings Call Highlights: Navigating Market Challenges with ...

By Yahoo! Finance | Oct 19, 2024 at 03:14 AM EST

The current market downturn is similar to past ones with weak demand in the embedded business. Cost reductions have been made, and further margin enhancements are challenging. Visibility on destocking impact varies with customers. Red Lion's gross margins are improving, aiming to reach HMS levels gradually.

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