Australia's Atomos surges on device launches, FY22 outlook
22/04/2022 04:30
April 22 (Reuters) - ** Shares of video technology
company Atomos Ltd AMS.AX rise as much as 5.44% to A$0.775
** Co launched Atomos Cloud Studio, new generation of
connected devices to streamline production
** New partnership with Adobe company Frame.io, enabling the
integration of its new devices with Camera to Cloud (C2C)
** Reconfirmed its FY22 revenue outlook of A$95 mln ($69.73
mln) and EBITDA margins of 12-15%
** About 1.3 million shares change hands, compared with the
30-day average volume of 1 million
** Stock down 30.66% this year, as of last close
($1 = 1.3624 Australian dollars)
(Reporting by Anan Ashraf)
((Anan.Ashraf@thomsonreuters.com;))