Australia's Nuix jumps most in more than 5 months on upbeat FY23 guidance

Nuix

20/07/2023 01:55

** Shares of Nuix Ltd  NXL.AX  rise as much as 51.2% to
A$1.065, posting their biggest intraday pct jump since Feb 7
    ** Intelligence software provider sees FY23 annualised
contract value (ACV) of A$184 mln ($124.79 mln) to A$186 mln
    ** Co had reported FY22 ACV of A$162.0 mln 
    ** Sees FY23 statutory revenue of A$181 mln to A$183 mln vs
A$152.3 mln reported in FY22 
    ** Sees FY23 statutory EBITDA of A$32 mln to A$35 mln 
    ** Shares hit their highest level since April 3 
    ** About 2.4 mln shares change hands, compared with the
30-day average trading volume of 484,775 shares 
    ** Shares up 31.2% YTD, as of last close

($1 = 1.4745 Australian dollars)

 (Reporting by John Biju in Bengaluru)
 ((John.Biju@thomsonreuters.com;))