Australia's Southern Cross Media falls on lower first-quarter revenue
Yesterday 04:30
BUZZ-Australia's Southern Cross Media falls on lower first-quarter revenue ** Shares of Australia's Southern Cross Media SXL.AX fall as much as 2.8% at A$0.495, headed for their weakest session since October 23, if trend holds
** The media company says it logged lower revenues in Q127 than in Q126 without disclosing additional details
** Adds FY26 revenue of A$1.87 billion "did not meet our expectations or reflect the potential we see in this business"
** Stock down 37.3% pct this year
(Reporting by Shravya Marakini in Bengaluru)
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