Brief: Nexted Says H2 Fy24 Revenue Guidance Reconfirmed

Nexted

26/10/2023 02:28

Oct 26 (Reuters) - NextEd  NXD.AX :
    * H2 FY24 REVENUE GUIDANCE RECONFIRMED AS EXPECTED TO BE
HIGHER
THAN BOTH H1 FY24 AND H2 FY23
    * REVENUE FOR Q1 FY24 OF A$30.3 MILLION UP 56%
    * DOMESTIC STUDENT NUMBERS AND REVENUES ARE TRACKING IN LINE
WITH
EXPECTATIONS FOR FY24
    * DOMESTIC STUDENT NUMBERS AND REVENUES ARE SKEWED TOWARDS
H2
    * REFINE OUR H1 FY24 REVENUE GUIDANCE TO LOWER END OF RANGE
    * SEES ENGLISH LANGUAGE STUDENT STUDY DURATIONS TO RETURN TO
PRE-408 VISA LEVELS, LEADING TO SIGNIFICANT INCREASE IN TUITION
REVENUES FOR FY24

Source text for Eikon:  ID:nASXbD4Wzt 
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 ((Reuters.Briefs@thomsonreuters.com;))