Australia's Nuix drops most in over five weeks on HY loss

Nuix

19/02/2024 24:48

** Shares of Nuix Ltd  NXL.AX  slip as much as 15.2% to
A$1.650, their biggest intraday drop since Jan 12 - if losses
hold 
    ** The intelligence software co swings to a half-year loss
after tax of A$4.8 million ($3.14 million) from a profit of
A$1.3 million last year 
    ** Co however reports a 12.3% rise in HY revenue to A$98.4
million
    ** Shares hit lowest since Feb 8 
    ** Stock has risen 2.6% this year as of last close


($1 = 1.5274 Australian dollars)

 (Reporting by Archishma Iyer)
 ((Archishma.Iyer@thomsonreuters.com;))