Australian shares are set to open lower, following New York’s lead. Iron ore below $US100/tonne. $A extends slide. Follow updates here.
P/ASX 200 fell 1 per cent, or 67.6 points, to 7046.9 on Monday in a busy session of corporate results. It was the benchmark’s largest single-day decline in over a month.
The group guided for revenue growth between 15 per cent and 20 per cent in FY 2023 to between $US255 million and $US265 million, on an underlying EBITDA margin between 35 per cent and 37 per cent. Chief executive Aram Mirkazemi said, “Altium delivered a strong financial performance for fiscal 2022, supported by a record performance from our Octopart business and solid growth from our Electronic Design Software business.
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