Equity Analysis /
United States of America

US : IT Services - 4Q Tech Checks: Like with COVID-19, Recovery is Gradual

    19 January 2021
    Published byCGS-CIMB

    Our 4Q discussions with technology resellers and distributors featured another quarter of very heterogeneous trends, with overall growth hovering flattish to slightly negative in aggregate. While we would normally consider this poor relative to a typical low-to-mid single digit industry growth leve