Business
Altium shares fall as COVID-19 hits first half revenue – The Australian Financial Review
Altium’s revenue has gone backwards in the first half of 2021, as the COVID-19 pandemic has created challenging economic conditions.
On the back of the revenue fall, Altium shares fell 3.27 per cent in morning trade to $29.78 at 10.15am their lowest point since last April when the company was still feeling the affects of the March market-wide sell-off.
Since mid-October the company has lost 25 per cent of its value.
Altium chief executive Aram Mirkazemi said he was still confident the business would achieve its full-year forecasts thanks to signs of a recovery occurring in the second quarter.
This result was achieved despite…
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