Nuix (ASX:NXL) reported Tuesday fiscal first-half underlying earnings before interest, taxes, depreciation, and amortization (EBITDA) guidance of AU$26 million to AU$28 million, down 1% to 8% from AU$28.4 million a year earlier, according to a Tuesday filing with the Australian bourse.

Statutory EBITDA guidance for the six months ended Dec. 31, 2024, is in the range of AU$14 million to AU$16 million, down 7% to 19% from AU$17.2 million a year earlier, the filing said.

The company expects statutory revenue of AU$104 million to AU$106 million, up 6% to 8% from AU$98.4 million a year earlier. Annualized contract value should range from AU$215 million to AU$217 million, up 8% to 9% from AU$199.6 million.

The company said it remains on track to meet its fiscal 2025 strategic target for revenue growth to exceed operating cost growth for the full year.

The company will release its fiscal first-half results on Feb. 24.

Shares of the company fell 16% in recent Tuesday trade.