Australia's AML3D jumps on record revenue forecast for FY24

AML3D

22/01/2024 02:41

** Shares of AML3D  AL3.AX  rise as much as 3.7% to A$0.085,
posting their biggest intraday pct gain since Jan. 9
    ** Technology co says it's confident of delivering record
revenue performance in FY24  
    ** Says its U.S. "scale up" strategy, contract manufacturing
for existing U.S. and Australian customers, has delivered more
than A$12 mln ($7.92 mln) worth of orders in CY23
    ** AML3D reports second successive quarter of record
quarterly cash receipts
        ** More than 456,200 shares change hands, compared with
the 30-day average volume of 347,300 shares
    ** Stock had fallen 14.6% this year, as of last close

($1 = 1.5152 Australian dollars)

 (Reporting by Megha Rani in Bengaluru)
 ((Megha.Rani2@thomsonreuters.com;))