Australia's Atturra rises on solid HY earnings forecast

Atturra

02/02/2024 24:07

** Shares of Atturra Ltd  ATA.AX  rise 9.2% to A$0.89, their
highest level since Nov 24
    ** The IT services & consulting firm sees 1H24 underlying
EBITDA in the range of A$10.5 mln to A$11.5 mln ($6.90 mln to
$7.56 mln), up 15-26% on pcp
    ** Sees 1H revenue between A$108 mln and A$112 mln, up more
than 30% on pcp
    ** Atturra says it is on track to achieve FY forecast of
revenue exceeding A$235 mln and underlying EBITDA exceeding A$25
mln
    ** Atturra stock up 1.9% YTD, as of last close
 

   ($1 = 1.5211 Australian dollars)

 (Reporting by Ayushman Ojha in Bengaluru)
 ((Ayushman.ojha@thomsonreuters.com;))