Corrects 4th bullet to reflect forecast was for services revenue not sales revenue
** Shares of Cochlear COH.AX fall 11% to A$271.03, set for their worst day since March 2020, if losses hold
** Hearing implants maker reports HY underlying NPAT of A$206 million ($206.00 million), missing Visible Alpha consensus of A$209.3 million
** Expects FY underlying net profit to be at lower end of A$410 million to A$430 million forecast range
** Expects single-digit decline in FY services revenue
** COH stock among the worst performers on ASX 200 benchmark index .AXJO
** COH, one of the priciest stocks of the country, down ~6% YTD, including day's moves
($1 = $1.0000)
(Reporting by Himanshi Akhand in Bengaluru)
((Himanshi.Akhand@thomsonreuters.com))
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