** Shares of Infomedia fall as much as 3.1% to A$1.255, their lowest since Feb. 24, 2023
** Stock closed 11.3% lower in the previous session
** Bell Potter trims PT for the software as a service producer to A$1.78 from A$2.00 and maintains "buy" rating
** Infomedia cut FY25 revenue forecast to between A$142 mln ($93.15 mln) and A$149 mln on Monday, from A$144 mln to A$154 mln previously expected
** Brokerage revises down FY25 revenue estimate to A$147 mln from A$151 mln and reduces EPS estimates by 5%, 8% and 9% for FY25, FY26 and FY27, respectively
** About 3.4 mln shares change hands, compared with the 30-day average volume of 617,032
** Five of six analysts rate the stock "buy" or higher and one "hold"; their median PT is A$1.85 – LSEG data
($1 = 1.5244 Australian dollars)
(Reporting by Sneha Kumar in Bengaluru)
((Sneha.Kumar@thomsonreuters.com;))
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