Australia's Atomos jumps most in 3 months on $2 mln deal, positive outlook
22/11/2021 23:59
** Shares of Atomos Ltd AMS.AX jumped as much as 9.3% to
A$1.410, their best intraday session since Aug 20
** Video tech provider enters cloud development agreement
with video sharing platform Cinemacraft Inc urn:newsml:reuters.com:*:nFWN2SD1IL
** AMS to invest up to $2 million to complete development of
the Videogram platform
** Sees FY22 Rev to be in excess of A$95 mln($68.66 mln)and
FY22 EBITDA margins to be up by 12% urn:newsml:reuters.com:*:nFWN2SD1AO
** Stock traded at its highest since Nov 16
** At 11:48 GMT, shares dipped about 2% to A$1.265
** About 973,900 shares change hands, 1.2x the 30-day
average volume of 807,865; up 34.4% this year as of last close
($1 = 1.3837 Australian dollars)ams.ax
(Reporting by Aneetta Thomas in Bengaluru)
((Aneetta.Thomas@thomsonreuters.com;))