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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
Stock ideas ausbiz
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.