Australia's MedAdvisor falls on lower qtrly revenue

Adheris Health

30/01/2025 01:30

** Shares of MedAdvisor  MDR.AX  down 5% at A$0.19
    ** Stock hit lowest level since Dec. 27
    ** Medical software co says Q2 FY25 operating revenue fell
by 38.6% to A$30.8 million ($19.20 million)
    ** However, co expects stronger second half through
diversified U.S. pipeline for various health program, others
    ** Stock down 11.1% this year, as of last close


($1 = 1.6044 Australian dollars)

 (Reporting by Sherin Sunny in Bengaluru)
 ((Sherin.Sunny@thomsonreuters.com))