Australia's Integrated Research falls on annual profit plunge

Integrated Research

19/08/2021 02:32

** Shares of Integrated Research  IRI.AX  fall as much as
2.9% to A$1.830, marking their biggest intraday percentage loss
since Aug. 12 
    ** The software maker says its attributable net profit fell
67% to A$7.9 mln ($5.71 mln), hurt by deal deferrals and
cautious buyer behaviour amid the COVID-19 pandemic  urn:newsml:reuters.com:*:nASX8WD6ct
    ** Says its FY revenue was down 29% to A$78.5 mln
    ** IRI is down 29.1% this year, as of last close 

($1 = 1.3845 Australian dollars)

 (Reporting by Tejaswi Marthi in Bengaluru)
 ((tejaswi.marthi@thomsonreuters.com))