NXS 7.02% 26.5¢ next science limited

Ann: Update on expected revenue for H1, page-3

  1. 161 Posts.
    lightbulb Created with Sketch. 61
    Used to be an investor and looking to re-enter
    BUT

    I am not sure I understand this announcement, is it a downgrade?
    The rate of Q4 revenue was 2.3m
    Guidance was quarterly run rate to continue...
    ie 4.6m for 1H21, so sales have slowed from then...
    They are now saying 3.5-4m...
    At the midpoint (3.75) Sales are down 17% on the quarterly run rate...

    This seems a very poor delivery of a downgrade...

 
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