Infomedia's Revenue Guidance Cut Surprises RBC -- Market Talk

Dow Jones
2024-11-11

2259 GMT - Infomedia's guidance downgrade catches RBC Capital Markets off guard. Infomedia says it now expects revenue of A$142 million-A$149 million in FY 2025, below earlier guidance of A$145 million-A$154 million. Analyst Garry Sherriff says the downgrade appears to be driven by the loss of SimplePart as a customer. Infomedia estimates this churn will have a A$4 million impact on annual recurring revenue. "However, (we) are surprised given that the possibility of a customer loss was flagged during the FY 2024 earnings call and press release," RBC says. (david.winning@wsj.com; @dwinningWSJ)

 

(END) Dow Jones Newswires

November 10, 2024 17:59 ET (22:59 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10