ASX listed FINEOS hits near one-month low as FY loss widens

FINEOS Holdings

24/08/2022 07:08

** ASX-listed shares of FINEOS Corp Holdings  FCL.AX  fall
as much as 7.4% to A$1.510 - lowest since July 25
    ** The Ireland-based software vendor announces FY loss from
ordinary activities after tax attributable of 26 mln euros
($25.88 mln), compared with loss of 12.5 mln euros last year
 urn:newsml:reuters.com:*:nASX6JtpQD
    ** Co posts FY revenue of 127.2 mln euros, up 17.5%
    ** Co expects to generate a FY23 revenue of 135 million
euros-140 million euros
    ** Stock on track for worst day since Aug. 10  
    ** Shares are down 64.6% YTD as of last close  

($1 = 1.0046 euros)

 (Reporting by Nausheen Thusoo)
 ((Nausheen.Thusoo@thomsonreuters.com;))