Australia's Sensen falls after cutting FY22 revenue guidance

Sensen Networks

16/03/2022 01:04

** Shares of Sensen Networks  SNS.AX  drop as much as 8.3%
to A$0.115, set for worst session since Feb. 22 if losses hold
    ** Analytics service provider cuts its FY22 revenue guidance
to A$9.0 mln-A$9.5 mln ($6.46 mln-$6.82 mln) from ~A$11 mln
 urn:newsml:reuters.com:*:nASM0003PX
    ** Co says floods in Queensland and New South Whales have
hit revenues from existing smart parking and curbside management
customers
    ** SNS stock down 20% this year, as of last close     

($1 = 1.3926 Australian dollars)

 (Reporting by Navya Mittal in Bengaluru)
 ((navya.mittal@thomsonreuters.com))