BUZZ-Australia's Nuix slumps on weak earnings forecast

Reuters
28 Jan
BUZZ-Australia's Nuix slumps on weak earnings forecast

** Shares of Nuix Ltd NXL.AX fall as much as 40.6% to A$3.210, their lowest since Aug. 13

** The investigative analytics and intelligence software provider says statutory EBITDA for 1H25 likely to be 7% to 19% lower vs pcp

** Expects 1H25 underlying EBITDA to be down 1% to 8%

** Trading volumes more than thrice the 30-day avg

** As of last close, stock down 14.6% this year

(Reporting by Himanshi Akhand in Bengaluru)

((Himanshi.Akhand@thomsonreuters.com;))

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