BUZZ-Australia's DXN at eight-month low on fall in quarterly revenue
Reuters
Jan 29
BUZZ-Australia's DXN at eight-month low on fall in quarterly revenue
** Shares of DXN DXN.AX fall as much as 7.3% to A$0.038, their lowest level since May 30, 2025
** Marks steepest intraday fall in a week
** Data centre manufacturer reports quarterly revenue of A$1.7 million ($1.19 million), lower than the A$4.8 million reported a year ago
** Attributes fall in revenue to customer-driven project deferrals
** About 3.4 million shares change hands, 9.9 times the 30-day avg
($1 = 1.4239 Australian dollars)
(Reporting by Anjali Singh in Bengaluru)
((anjali.singh2@thomsonreuters.com;))
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