They’ve downgraded the bottom end of their revenue forecast range by 4% in the space of a month ($180m down to $173m). It seems unlikely they will hit the bottom end of their guidance range they gave a month ago...that’s why you provide a range to give yourself wiggle room and they’re still squirming.
I’m not sure how you can spin this as a positive.
Ann: Nuix Revises FY21 Forecast Range, page-22
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