IOTS - Here Is A Memory Player That Is Booming

The shares of Adesto Technologies (IOTS) are up nearly 80% since our last article on the company in December last year.

Things are moving really well for the company especially after the Q2 figures, which isn't surprising to us. A little perspective always helps:

Data by YCharts

Revenues are booming but operationally things could be significantly better still as the company is digesting acquisitions. Don't worry too much about that as things are turning up there as well and much of it is due to GAAP adjustments from two acquisitions (S3 and Echelon),

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