The Nuix platform supports a range of uses including criminal investigations, financial crime, litigation support, employee and insider investigations, data governance and regulatory compliance. The company has upgraded its revenue expectations to 16-20% growth for FY22.Įlsewhere, investigative analytics and intelligence software provider Nuix (ASX:NXL) dropped 7.32% off the back of news its FY21 revenue hit $176.1 million – up just 0.1% on FY20. “Second, the rapid adoption of Altium 365 is catching the attention of the industry and attracting strategic partners that could help us to accelerate our transformative vision to digitally connect electronic design to the broader engineering ecosystem.” “First, Altium 365 enhances the value of our maintenance subscription to our customers and delivers SaaS-like subscription benefits to the company, thereby reducing subscription churn for dominance. “The rapid adoption of Altium 365 is delivering benefits to the company and our customers on two fronts,” Altium CEO Aram Mirkazemi said. The company puts this down to the strong adoption of Altium 365 with almost 13,000 monthly active users and more than 6,000 monthly active accounts.
The company said unforeseen delays in the audit process were amplified by the impact of the COVID-19 pandemic in NSW – and that its audited results should be released within the week.Īltium doesn’t expect there to be any material difference in the results, which include revenue growth of 16% to achieve full year guidance of US$191.1 million. Software company Altium Limited (ASX:ALU) was bottom of the ASX tech stocks pack today, dropping 11.92% after releasing its unaudited financial results for FY21.
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