Nuix shares hit a record low on Monday, after the embattled software company warned lacklustre new customer sales is likely to hit revenue.
shares hit a record low on Monday, after the embattled software company warned lacklustre new customer sales were likely to hit revenue in next month’s earnings results.The Sydney-based company expects revenue to come in between $151 million and $154 million for the twelve months through June, a slump of up to 14 per cent.
The figures are also lower than the $164.5 million booked in annualised contract value reported during the first half of fiscal year 2022.
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