Australia's Atomos jumps on upbeat Q4 sales, forecast

Atomos

01/08/2024 05:08

** Shares of video equipment maker Atomos  AMS.AX  rise as
much as 25% to A$0.045 their highest since July 10
    ** Stock on track for biggest one-day pct gain since July 10
    ** Co reports Q4 sales of A$9.7 mln ($6.33 mln), the highest
for any quarter in FY24
    ** Sees increasing sales momentum in Q1 FY25
    ** Stock up 12.5% YTD, including session's moves

($1 = 1.5321 Australian dollars)

 (Reporting by Aaditya Govind Rao in Bengaluru)
 ((Aaditya.govindrao@thomsonreuters.com;))