BUZZ-Australia's Nuix rises on strong FY26 outlook** Shares of Nuix Ltd NXL.AX rise as much as 12.4% to A$2.090, their biggest intraday gain since October 2
** The investigative analytics and intelligence software provider expects FY26 annualised contract value $(ACV)$ between A$240 million ($156.22 million) and A$260 million, higher than A$228.4 million posted in FY25
** Expects ACV to be weighted to the second half
** Co, however, says that YTD statutory revenue and statutory EBITDA are lower than prior corresponding period
** As of last close, stock down 70.6% YTD
($1 = 1.5363 Australian dollars)
(Reporting by Himanshi Akhand in Bengaluru)
((Himanshi.Akhand@thomsonreuters.com;))
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