Australia's Atturra jumps on strong FY23 earnings outlook

Atturra

31/07/2023 06:02

** Shares of Atturra  ATA.AX  jump as much as 9.1% to
A$0.30, marking their biggest intraday pct gain since July 20
    ** Co expects to post FY23 earnings before interest and tax
(EBIT) between A$16.3 mln and A$16.6 mln ($10.88 mln-$11.08
mln), up from A$12.2 mln a year ago
    ** Expects consolidated revenue between A$176 mln and A$179
mln, from $134.6 mln a year earlier
    ** ATA second-biggest pct gainer on the ASX All Ordinaries
index  .AORD 
    ** Stock hits highest level since July 24
    ** Stock down 25.7% YTD, as of last close
    
($1 = 1.4979 Australian dollars)

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