DASO Faces Pressure Amid Weak Q3 Growth Trends

3 days ago

Louise Moon

"and shares moving in a dramatic way in the other direction. DASO system in France dropping by the most since 2002 now down almost 17% in Paris. Indeed trading at their lowest since April 2020. They lowered their fullear revenue forecast. This is on the back of analysts are noting third quarter growth trends are weakening. Um you know one of the key problems here is is there they're struggling really with the migration to subscriptions. This is obviously the their software firm. um there was a bigger guidance cut than was expected. Uh so it's essentially kind of raising concerns about growth. Um analysts also noting that you know, the stock is at a valuation discount to peers. Um and they're also on top of that kind of delivering below average growth. So they're saying that they need better financial messaging and improvements in the execution to close that gap with peers. So disappointing guidance cut there."

The segment discusses DASO's significant decline of nearly 17%, attributed to weaker Q3 growth and struggles with subscription migration. Analysts flag a disappointing guidance cut and stress the need for improved financial messaging and execution to address valuation and growth concerns.