Australia's Nuix hits over 3-yr high on upbeat FY earnings

Nuix

19/08/2024 03:13

** Shares of Nuix Ltd  NXL.AX  rise as much as 22.6% to
A$4.28, their highest level since April 29, 2021
    ** The Australian analytics and intelligence software firm
posts FY underlying EBITDA of A$64.4 mln ($43.04 mln), up 38.7%
from a year earlier
    ** Adds, FY statutory revenue of A$220.6 mln, up 20.9% from
a year earlier
    ** About 2.8 mln shares change hands by 0202 GMT, 3.9 times
the 30-day average volume of shares
    ** Stock has risen 84.2% this year, as of last close

($1 = 1.4963 Australian dollars)

 (Reporting by Sherin Sunny in Bengaluru)
 ((Sherin.Sunny@thomsonreuters.com))