IOTS - Things Are Ramping Up For Adesto Technologies
After absorbing two acquisitions, we think the time has arrived for Adesto Technologies (IOTS) to recover.
Things are turning at the company even if operationally there is a substantial GAAP deterioration, which is mostly the result of acquisitions:
IOTS Revenue ((TTM)) data by YChartsGrowth
But as the figure indicates, revenues are taking off on the back of acquisitions:
Significant opportunities are materializing:
- ASIC business (S3 Semiconductors)
- Mavriq (first design win imminent)
- EcoXiP
- DataFlash-L
- Embedded Systems (Echelon)
Traditionally, the company sells specialist memory like:
Its memory business is booming (from