Australia's Nuix hits 4-month peak on higher earnings outlook
19/01/2023 24:03
** Shares of Nuix NXL.AX rise as much as 6.1% to A$0.87,
their highest level since Sept. 9, 2022
** Software firm expects EBITDA of A$19 million ($13.19
million) to A$21 million for the half year, compared with A$13.8
million reported a year ago; the raised EBITDA outlook should
lead to higher net profit after tax
** Sees half-yearly revenue of A$85 million to A$88 million,
up from A$84 million reported a year ago
** Attributes outlook to stronger performance in December
and currency tailwinds
** Stock has risen 31.2% YTD, as of last close
($1 = 1.4405 Australian dollars)
(Reporting by Harshita Swaminathan)
((Harshita.Swaminathan@thomsonreuters.com))