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Tecnotree Q2'24: Better visibility to cash flows
Tecnotree’s growth and earnings fell short of our expectations, but cash flow improved as expected in the first part of the year. The guidance provided regarding cash flow also added visibility to cash flows for the rest of the year. The company’s CEO Padma Ravichander and CFO Indiresh Vivekananda are interviewed by analyst Roni Peuranheimo.
Content:
00:00 Intro
00:20 Q2 Key Points
03:39 Background of the Impairment
05:21 Reasons for the Revenue Decline
08:36 Efficiency Measures
12:20 Collaboration with HCLTech
14:57 Benefits of the Acquisition
15:53 Employee Incentive Program
16:56 Status of Convertible Bonds
17:27 Guidance and Outlook for the Rest of the Year