Order momentum offers hope for Sonata amid short-term demand issues
- Posted on February 20, 2025
- By Business News Today
- 1 Views
Order momentum offers hope for Sonata amid short-term demand issues
Sonata Software's stock dropped 24% in two weeks due to weak Q3 results, impacted by a key client ramp-down. Analysts expect continued short-term pressure but foresee a turnaround in H2 FY26 as order bookings improve. Client concentration remains a concern.
