Nuix has dropped ~10% this morning on the back of some trading update anns. Some of these issues may well be affecting TNT too (e.g. labour costs):
30/11/20218:39AM Dow JonesNuix: Integration of Topos Acquisition Is Now Underway (headline only)
30/11/20218:38AM Dow JonesNuix: 3.6% Customer Churn in-Line With FY21 (headline only)
30/11/20218:36AM Dow JonesNuix: Proforma Ebitda for Four Months Through October Down 27% on-Year (headline only)
30/11/20218:35AM Dow JonesNuix: Revenue for Four Months Through October Up 10% on-Year (headline only)
30/11/20218:35AM Dow JonesNuix: New Customer Revenue for Four Months Through October Down 40% on-Year (headline only)
30/11/20218:34AM Dow JonesNuix: Fiscal Year-to-Date Ebitda Is Down on-Year (headline only)
30/11/20218:34AM Dow JonesNuix Says Fiscal Year-to-Date Cost Base Has Increased Materially (headline only)
30/11/20218:33AM Dow JonesNuix: Labor Costs Are Up Amid Tight Skilled Employment Market (headline only)
30/11/20218:32AM Dow JonesNuix: Fiscal Year-to-Date Annualized Contract Value Is Flat on FY21 (headline only)
All IMHO, DYOR
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Nuix has dropped ~10% this morning on the back of some trading...
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