PiezoMotor: Strong Q4 numbers (Redeye)
Redeye was not expecting Q4 EBITDA in positive territory, which the company announced yesterday. The press release was not very detailed, but we can at least conclude that PiezoMotor as well as newly acquired TPA both showed strong sales numbers in the fourth quarter. Also, and a bit more surprising is that EBITDA for the period was positive. This suggests solid gross margins and well contained opex.
Redeye AB - Redeye.se