BUZZ-IPH worst performer on ASX 200 after FY profit miss

Reuters
Aug 21
BUZZ-IPH worst performer on ASX 200 after FY profit miss

** Shares of IPH IPH.AX fall 21.5% to A$4.390, set for their worst day ever, if trend sustains

** Stock worst performer on ASX 200 benchmark index .AXJO

** The intellectual property services firm posts FY statutory NPAT of A$68.8 million ($44.22 million), missing Visible Alpha consensus estimate of A$81.6 million

** Posts FY underlying NPATA of A$120.6 million, lower than consensus estimate of A$126 million

** Declares final dividend of 19.5 Australian cents per share

** Stock down 12.7% YTD, including day's move

($1 = 1.5559 Australian dollars)

(Reporting by Himanshi Akhand in Bengaluru)

((Himanshi.Akhand@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

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