Business
Here’s why the Nitro Software (ASX:NTO) share price is tumbling lower

It has been a disappointing day of trade for the Nitro Software Ltd (ASX: NTO) share price on Wednesday.
In early trade the global document productivity software company’s shares are down 2.5% to $2.62.
Why is the Nitro Software share price trading lower?
Investors have been selling Nitro Software shares today despite the release of a strong full year result this morning.
While much of this result was pre-released with its fourth quarter update last month, there was still plenty for investors to take note of.
According to the release, at the end of December Nitro Software’s annual recurring revenue (ARR) reached $27.7 million. This was up 64% year on year and ahead of its upgraded guidance range of $26 million to $27…
-
General24 hours ago
US, NATO strike Ukraine arms deal as Donald Trump gives Vladimir Putin 50-day deadline
-
General22 hours ago
Arnaud Harixcalde Logan charged with ‘malicious mischief’ after allegedly damaging case of Stone of Scone in Scotland
-
Business21 hours ago
Charlie Munger’s 3 brutal steps to building wealth
-
Noosa News20 hours ago
Meet the Tasmanian farmers keeping the English Leicester sheep breed alive after 200 years