Australia's Acusensus jumps most in over 2 months on upbeat FY23 outlook

Acusensus

04/05/2023 02:01

** Shares of artificial intelligence firm Acusensus Ltd
 ACE.AX  climb as much as 7.8% to A$3.450, their biggest
intraday pct gain since Feb 23 
    ** Co says it expects to record revenue ranging between
A$41.0 mln ($27.29 mln) and A$42 mln in fiscal 2023 vs prior
forecast of A$40 mln  urn:newsml:reuters.com:*:nFWN3701UM
    ** Sees FY23 EBITDA in the range of A$4.7 mln and A$5.1 mln 
vs prior forecast of at least A$3.2 mln 
    ** Shares hit their highest levels since April 18 
    ** Stock down 20% since its ASX listing on Jan 12, as of
last close, as compared with a 2.3% increase in the benchmark
S&P/ASX 200 index  .AXJO  


     ($1 = 1.5022 Australian dollars)

 (Reporting by Roushni Nair in Bengaluru)
 ((Roushni.Nair@thomsonreuters.com;))