Report
Nicolas Thorez

Esker : Q3 in line and guidance reiterated, but the stock market stakes lie elsewhere

>Q3 2024 in line and decent. FY guidance (cautiously) reiterated - Esker yesterday reported Q3 2024 sales at € 51m, up 17% at cc, and very slightly above our estimate by 1% (ODDO BHF: € 50.5m). This performance continues to be driven by: 1/ SaaS activities (82% of sales), up 16% cc (+26% of fixed subscriptions, while transaction volumes remain ‘flattish’ at +3%, in line with previous quarters); 2/ still very solid growth in consulting (18% of sales), which is ramping...
Underlying
Esker SA

ESKER and its subsidiaries are engaged in the design and production of software applications. Co. operates corporate resource access software such as applications and databases for workstations. Co. has three major product groups: Host Access, DeliveryWare and Fax Server. Host Access products allows users to access applications and databases stored on different servers from their own workstations. DeliveryWare responds to the need of companies for automatic management document delivery. Fax Server allows the user to send a fax directly from their workstation.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Nicolas Thorez

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