Business
Nuix shares dive as it slashes forecasts – Sydney Morning Herald
Macquarie-backed Nuix has plunged to record lows after the data analytics group confirmed it will not meet the business forecasts set out in its IPO documents.
Nuix now expects to report pro forma revenue of $180 million to $185 million, compared to a $193.5 million forecast in the prospectus, and annualised contract value (ACV) of $168 million to $177 million compared to a forecast of $199.6 million.
Pro forma earnings before interest, tax, depreciation and amortisation (EBITDA) will be higher, with the company flagging a range of $64.6 million to $66.6 million compared to a prospectus forecast of $63.6 million.
The data analytics company soared more…
-
Noosa News9 hours agoWoman dead and man rushed to hospital with gunshot wound following crash near Aussie World on Queensland’s Sunshine Coast
-
General15 hours agoBoy dies after being trapped between rocks off NSW beach
-
Noosa News16 hours agoFarmer Fred Perry’s 30-year conservation project creates bird haven after years of ‘bashing and burning’
-
Noosa News16 hours agoDetectives continue to search for answers on Crystal Beale’s death