Infomedia (ASX:IFM) lowered its revenue guidance for the fiscal year 2025 to a range of AU$142 million to AU$149 million from a prior outlook of AU$144 million to AU$154 million, according to a Monday filing with the Australian bourse.
The technology company attributed the downward revision to changing macroeconomic conditions.
Infomedia's shares were down past 5% in morning trade Monday.
Price (AUD): $1.38, Change: $-0.08, Percent Change: -5.48%
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