Brief: Straker Posts Qtrly Revenue Of A$12.4 Mln

Arbitr

30/10/2023 10:00

Oct 30 (Reuters) - Straker Ltd  STG.AX :
    * QTRLY REVENUE OF A$12.4M, DOWN 5% VERSUS PRECEDING QUARTER
    * SEES FY24 GROSS MARGIN IS NOW EXPECTED TO IMPROVE VERSUS
FY23
    * NOW ANTICIPATE A SINGLE-DIGIT PERCENTAGE DECLINE IN FY24
REVENUE
COMPARED TO FY23
    * QTRLY ADJUSTED EBITDA (UNAUDITED) OF A$1.2M COMPARED TO
LOSS OF
A$1.0M IN PCP
    * CONTINUE TO EXPECT TO DELIVER POSITIVE OPERATING CASH FLOW
AND
EBITDA FOR FY24

Source text for Eikon:  ID:nASX7Bm272 
Further company coverage:  STG.AX 

 ((Reuters.Briefs@thomsonreuters.com;))