BUZZ-Australia's Appen loses most in 1-1/2 months on lower Q4 revenue

Reuters

2025/01/30

** Shares of Appen APX.AX fall 11.3% to A$2.325

** Shares of the AI-focused technology co mark their weakest intraday session since Dec 16, 2024

** Co posts fourth-quarter revenue of A$66.7 million ($41.59 million), a 7% decrease from the previous corresponding period

** About 11.8 mln shares change hands, vs the 30-day average of 9 mln

** Stock rose 319% in 2024

($1 = 1.6036 Australian dollars)

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com;))

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