Embattled forensic software and data analytics company Nuix (ASX: NXL) is deep in damage control following media reports of questionable practices, today downgrading their revenue forecasts, citing “uncertainty” in their ability to convert upsell opportunities. The market update revises Nuix’s FY21 pro-forma revenue forecast to $173m-$182m, having previously forecast $180m-$185m in April 2021. Pro-forma EBITDA
Read MoreThe content published on this website is solely for general information purposes and is not to be construed as financial advice. Should you seek financial advice you should consult with an appropriately qualified person. Opinions expressed on this site are subject to change without notice and The Sentiment who produced this content is under no obligation to keep the information current. The Sentiment, affiliated companies & associates may have a conflict of interest with companies discussed on the website due to commercial arrangements, for example they may be shareholders in the company, be engaged by them to assist in investor communications or receive commission/brokerage for funds raised.