The board governance software company has appointed a new chief executive, effective today.
So the question is, should Diligent be accorded some trust?
The stock has been cut to a 'neutral' rating from a previous 'outperform'.
The company's revenue climbed 28 percent to US$83.1 million in calendar 2014.
Excluding exceptional items, Diligent’s adjusted net profit was $US12.9 million, or 11c per share.
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