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Nuix Ltd. ( (AU:NXL) ) has shared an update.
Nuix Limited has provided a trading update for FY25, highlighting a strong sales pipeline despite challenges in the geopolitical and economic landscape affecting deal closure predictability. The company anticipates its Annualised Contract Value growth to be at the lower end of the 11-16% range. Nuix is advancing the rollout of Nuix Neo and expects revenue growth to surpass operating cost growth, excluding non-operational legal costs, and aims to be Underlying Cash Flow positive for the year.
More about Nuix Ltd.
Nuix is a leading provider of investigative analytics and intelligence software, helping customers collect, process, and review large amounts of structured and unstructured data. The company focuses on making data searchable and actionable with forensic accuracy, empowering users to find truth in the digital world.
YTD Price Performance: -57.12%
Average Trading Volume: 1,500,122
Technical Sentiment Signal: Buy
Current Market Cap: A$896.3M
See more insights into NXL stock on TipRanks’ Stock Analysis page.
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