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Reporting Season - 7 August
Companies covered: Arcadium Lithium (LMT), Audinate (AD8), NEXTDC (NXT)
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