Australia's Atomos falls most in nearly 5 months on swinging to loss

Atomos

30/08/2022 05:58

** Shares of video technology company Atomos Ltd  AMS.AX  drop
as much as 19.3% to A$0.23, their biggest intraday pct fall
since May 6
    ** Co swung to an annual net loss after tax of A$6 mln 
($4.13 mln), compared with a profit A$4.2 mln a year earlier
 urn:newsml:reuters.com:*:nFWN3051HD
    ** Revenue for co is A$82.0 mln for FY22, compared with
A$78.6 million in the previous year 
    ** Stock hits lowest since July 4
    ** Stock down 73.1% YTD as of last close

($1 = 1.4526 Australian dollars)


($1 = 1.4516 Australian dollars)

 (Reporting by John Biju)
 ((John.Biju@thomsonreuters.com;))