Australia's FINEOS slumps on lacklustre earnings, revenue

FINEOS Holdings

16/08/2023 01:25

** Shares of Australia's FINEOS Corporation  FCL.AX  fall
12.9% to A$0.22
    ** Co reports FY23 EBITDA of 2 mln euros ($2.18 mln) on
Tuesday after market close, down 70.2% from FY22 levels
    ** Also reports FY23 total revenue of 125 mln euros, down
1.7% on FY22
    ** Stock up 67.2% this year, as of last close 

    ($1 = 0.9174 euros)

 (Reporting by Rishav Chatterjee in Bengaluru)
 ((Rishav.Chatterjee@thomsonreuters.com;))