Australia's Ai-Media near year high as Q1 revenue jumps

Ai-Media Technologies

26/10/2021 03:17

** Shares of Ai-Media Technologies  AIM.AX  climb as much as
11.7% to A$1.15, on track for biggest intraday pct gain since
Oct. 5, 2020
    ** Media tech co posts revenue of A$14.9 mln ($11.12 mln)
for Q1FY22, marking an increase of 35% from the previous year
 urn:newsml:reuters.com:*:nASX6cbhf1
    ** Stock hits its highest since Nov. 10, 2020
    ** At about 470,000, volumes are 3.3 times the 30-day
average of 141,366 shares
    ** As of last close, stock had risen 8.4% this year

($1 = 1.3398 Australian dollars)

 (Reporting by Himanshi Akhand in Bengaluru)
 ((Himanshi.Akhand@thomsonreuters.com;))