UK's Aferian rises on strong H2 growth forecast

Aferian

05/11/2024 09:39

** Aferian Plc's  AFRNA.L  shares jump 61.85% to 5.26p 
    ** Video streaming solutions firm expects H2 revenue to be
20% higher than H1 due to increased sales orders in H2 
    ** Co expects H2 adjusted EBITDA to be about $2 mln 
    ** It had earlier forecast FY24 adjusted core profit to be
lower than the $1.6 mln made last year 
    ** Including session gains, stock down 51.22%




 (Reporting by Subiksha S in Bangalore)
 ((Subiksha.S@thomsonreuters.com))