ASX-listed FINEOS hits 20-month low on HY results, outlook
24/02/2022 24:43
** Shares of FINEOS Corporation Holdings FCL.AX fall as
much as 3% to A$3.2, hitting lowest level since June, 2020
** The Ireland-based insurance management software developer
reports HY statutory net loss after tax of EUR4.6 mln ($5.20
mln) compared to loss of EUR5.1 mln urn:newsml:reuters.com:*:nASX5JZpRf
** Expects FY22 revenue to be at the lower end of the
guidance range provided previously EUR125 mln - EUR130 mln
** Stock has fallen 28.4% this year as of last close
($1 = 0.8851 euros)
(Reporting by Jaskiran Singh in Bengaluru)
((Jaskiran.Singh@thomsonreuters.com;))
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