Shares of Nuix surged 18 per cent on Monday after the investigative software company told the market it would beat its target for revenue growth of 10 per cent this financial year.
Nuix struck a significant multi-year contract with an undisclosed customer against a background of positive trading in the June half, prompting the unscheduled trading update.
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Nick Bonyhady is a technology writer for the Australian Financial Review, based in Sydney. He is a former technology editor, industrial relations and politics reporter at the Sydney Morning Herald and Age. Connect with Nick on Twitter. Email Nick at nick.bonyhady@afr.com
