News: BIQ BuildingIQ updates on outlook

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    Aug 22 (Reuters) - BuildingIQ Inc (BIQ) :

    • Market update - utility contract amendment & revenue impairment (BIQ)
    • Says "second half revenue is likely to be in line with the first half"
    • Says "targeted 50% revenue growth in the current financial year is unlikely to be achieved by organic growth alone"
    • Sales and future contracted revenue for the year to date have not met management forecasts"
 
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