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APX — Appen News Story

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Australia's Appen hits 4-week low after missing H1 earnings

BUZZ-Australia's Appen hits 4-week low after missing H1 earnings

** Shares of Appen APX.AX fall as much as 12.8% to A$1.27, lowest level since August 4

** The stock is set to log its worst session since April 30

** AI training data provider posts statutory half-year net loss after tax of $4.5 million, missing the Visible Alpha consensus estimate of $2.3 million profit

** Stock is up ~59% YTD, including the session's moves


(Reporting by Anjali Singh in Bengaluru)

((anjali.singh2@thomsonreuters.com;))

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