Video technology company Atomos' 1H earnings (EBITDA) were a beat versus Morgans estimates, despite headwinds from freight costs and supply chain disruptions.

Apart from management's reiteration of guidance, the analyst's key highlight was a significantly improved inventory position, which should enable the fulfillment of unmet demand from the 1H. The target price eases to $1.87 from $1.89. Add.

Sector: Consumer Durables & Apparel.

Target price is $1.87.Current Price is $0.87. Difference: $1.00 - (brackets indicate current price is over target). If AMS meets the Morgans target it will return approximately 53% (excluding dividends, fees and charges - negative figures indicate an expected loss).

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