By Stuart Condie SYDNEY Australian software provider Iress scrapped its full-year dividend after swinging to an impairment-driven annual loss. Iress on.
Iress remains steadfast to deliver on its promise of being an incumbent in the financial software market, which will include offering AI toolkits to advisers.
The financial services platform has provided updated results from last financial year and expected FY24 earnings as it nears completion of its transformation program by the year’s end.
Iress has upgraded its FY23 earnings guidance range from $118 million - $122 million to $123 million - $128 million, a result of its well-executed transformation strategy that stabilised revenues and tempered costs.
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