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AMS — Atomos News Story

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Australia's Atomos climbs on upbeat full-year sales forecast

BUZZ-Australia's Atomos climbs on upbeat full-year sales forecast

** Shares of Atomos AMS.AX rise as much as 40% to A$0.014, highest level since June 11

** Set for its best session since April 10, if trend holds

** Video-equipment manufacturer expects full-year sales to be ~A$40 million ($28.12 million), up 20% on pcp

** Says it pursues innovative sales strategies and expands its product ecosystem for a greater share of customer spend and to drive a profitable level of sales in the short to medium term

** About 1.9 million shares change hands, 2.6 times the 30-day avg

** AMS down 50% YTD, including the session's moves

($1 = 1.4225 Australian dollars)


(Reporting by Anjali Singh in Bengaluru)

((anjali.singh2@thomsonreuters.com;))

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