Q: what is happening with HAI.TO? it keeps on running higher and higher,
Is this warranted in your opinion.?
Does the software malaise not influence HAI?
How much does ET.TO still own of HAi?
Is this warranted in your opinion.?
Does the software malaise not influence HAI?
How much does ET.TO still own of HAi?
5i Research Answer:
The move is quite impressive, but it is a small company, and it trades at a premium valuation of 45X forward earnings. It remains debt-free and analysts expect strong forward earnings growth. It specializes in low-latency video networking, live streaming, and video solutions for enterprise, media, defense, and more. They offer hardware, software, and cloud tools that broadcasters and defense customers can use to transmit live video. The company is seeing renewed demand, particularly in defense, 5G, and mission-critical video deployments. It hasn't been hit as hard by the software fears as it caters to defense customers which have mission-critical needs, and it isn't a pure SaaS player. ET.TO has roughly 10% of HAI.