Nuix (ASX:NXL) said it expects annualized contract value growth for the full year to be at the lower end of the previously provided range of 11% to 16% in constant currency, according to a Monday Australian bourse filing.
The recent increases in uncertainty and volatility in the geopolitical and global economic landscape, while creating opportunities, are impacting the company's predictability of deal closure timeframes, per the filing.
The company said it continues to execute the rollout of its Nuix Neo product, expects revenue growth to exceed operating cost growth, excluding net non-operational legal costs, and sees a positive underlying cash flow for the full year.
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