they explicitly wrote reoccurring revenue does not depend on traffic volume but is a contract 3-5 yrs paid monthly
This means with rising COVID cases it should not affect these revenues creating a floor which we can expect as a minimum next quarter. So big cases in EU and US is not a major concern
They have created many COVID safe devices from mask detection to density/congestion control. Could be possible a government encourages or tells businesses to put devices like these in stores to make it more covid safe
This announcement was essentially to say that covid cases are rising and this won't really hurt revenue plus they have devices to take advantage of rising cases so they may even get more contracts
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