BUZZ-Octave shares fall as its annual revenue forecast is slightly below market expectations

November 12 - ** Industrial software and intelligence company Octave Specialty (OCTV.O) shares fell 2.7%, closing at $20.67

** The company expects full-year revenue to be between $1.64 billion and $1.66 billion, slightly below analysts’ expectations of $1.651 billion—data compiled by LSEG

**The report shows third-quarter revenue was $415 million, exceeding analysts’ expectations of $401.94 million

**Announced adjusted earnings per share of $0.32, in line with analysts’ expectations

** Among the six brokerages covering the stock, three rate it “Buy” or higher, and three rate it “Hold”; the median target price is $21—data compiled by LSEG

** OCTV currently trades at 15.89 times expected earnings per share for the next 12 months, higher than the industry median of 12.72 times—data compiled by LSEG

** Including today’s trading session, OCTV is now down 25.07% from its June IPO debut opening price of $28

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