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Reporting Season - 7 August

Companies covered: Arcadium Lithium (LMT), Audinate (AD8), NEXTDC (NXT)
ausbiz
07 August 2024
Created by potrace 1.15, written by Peter Selinger 2001-2017 3 min watch

Stocks covered: 

  • Arcadium Lithium (LMT): reports 5% drop in quarterly profit, matching Wall Street estimates as cost cuts and favourable supply contracts helped offset a steep drop in lithium prices
  • Audinate (AD8): Morningstar cuts fair value estimate after a bleak FY25 outlook
  • NextDC (NXT): Jefferies remains upbeat on the outlook for NEXTDC tipping FY25 could be another record year for contract wins for the technology firm
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About the Author
ausbiz

ausbiz was founded by Kylie Merritt and David Koch and is Australia's leading provider of live and on-demand video of the latest news in Australian business, markets, economy and startups.