Australia's Nuix slumps on weak earnings forecast
28/01/2025 02:56
** Shares of Nuix Ltd NXL.AX fall as much as 40.6% to
A$3.210, their lowest since Aug. 13
** The investigative analytics and intelligence software
provider says statutory EBITDA for 1H25 likely to be 7% to 19%
lower vs pcp
** Expects 1H25 underlying EBITDA to be down 1% to 8%
** Trading volumes more than thrice the 30-day avg
** As of last close, stock down 14.6% this year
(Reporting by Himanshi Akhand in Bengaluru)
((Himanshi.Akhand@thomsonreuters.com;))