Australia's Aquirian hits 3-1/2-month low on revenue drop
31/01/2024 02:03
** Shares of Aquirian AQN.AX fall as much as 5.6% to
A$0.17, their lowest since Oct. 17
** Stock faces worst day since Jan. 23, if current losses
hold
** Mining services co posts quarterly revenue of A$6.0 mln
($3.95 mln), a drop of 13.5% from the previous year
** Says quarterly EBIDTA A$1.3 mln, up 15.7% from pcp
** Stock up ~8% YTD, as of last close, after a ~38% fall in
2023
($1 = 1.5207 Australian dollars)
(Reporting by Sneha Kumar in Bengaluru)
((Sneha.Kumar@thomsonreuters.com;))
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