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Nuix (ASX:NXL) share price crashes 12% after downgrading guidance again – The Motley Fool Australia
The Nuix Ltd (ASX:NXL) share price is dropping today after it downgraded its guidance just a little over a month after issuing it…
The Nuix Ltd(ASX: NXL) share price is tumbling lower again on Monday after downgrading its guidance just over a month after a previous downgrade.
At the time of writing, the investigative analytics companys shares are down 12% to a new record low of $2.97.
This means the Nuix share price is now down a whopping 75% from its 52-week high of $11.86.
What did Nuix announce?
According to the release, Nuix is now expecting pro forma revenue of $173 million to $182 million in FY 2021. This compares to…
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