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04 May 2023
Arctic FLASH: Kahoot - Q1 beat, but invoiced sales and Q2 guidance soft

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Arctic FLASH: Kahoot - Q1 beat, but invoiced sales and Q2 guidance soft
Revenue and adj. EBITDA aboveBillings 2% below ARCe and Cons. 11% y-y growth (Clever flat y-y)Expects Q2 revs of USD 41-42m vs cons at USD 42mReaccelerating growth needed to reach FY growth guidance