Is ironSource a Good Software Stock to Add to Your Portfolio?

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The company’s management expects its third-quarter revenue to range between $125 million – $130 million, representing 45% year-over-year growth at the midpoint.

However, IS’ shares have retreated 4.9% in price over the past five days to close yesterday’s trading session at $11.95. And although its recent partnership with Vodafone (NASDAQ:VOD) and the launch of its new user growth tool should help it achieve strong topline growth, its premium valuation could add to investor concerns.

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