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AMS — Atomos News Story

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TechnologyHighly SpeculativeMicro CapValue Trap

Australia's Atomos jumps most in nearly 5 months on strong HY sales

** Shares of Atomos Ltd  AMS.AX  surge as much as 16.3% to
A$1.14, their biggest intraday pct gain since Aug. 18 
    ** Video technology co reports H1 sales of A$40.9 mln
($29.31 mln), up 24.7% from A$32.8 mln a year earlier
 urn:newsml:reuters.com:*:nASX3wvqC1
    ** Reaffirms FY22 revenue guidance of over A$95 mln and
EBITDA margin of 12% - 15%
    ** Stock hits its highest since Dec. 30
    ** Stock jumped 10.4% in 2021
  

($1 = 1.3953 Australian dollars)

 (Reporting by Harish Sridharan in Bengaluru)
 ((harish.sridharan@thomsonreuters.com))

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