Autostore soars on record Q2 revenue
BUZZ-Autostore soars on record Q2 revenue ** Shares in Autostore AUTO.OL soar about 25% after the Norwegian robotic technology maker posted better-than-expected Q2 revenue, as it cited strong commercial momentum, increased visibility
** Autostore posts Q2 revenue of $192 million, a record quarterly number, against $169.5 million expected by analysts on average
** JPM notes this is another beat versus consensus, while the revenue guidance for around $700 million implies a 4% upgrade to consensus
** Separately, Autostore announces a deal for supply of its products and solutions to Amazon AMZN.OL on a global basis, although without a purchasing commitment so far
** It also launches a share buyback of $75 million
** Shares set for best day since August 2025
(Reporting by Boleslaw Lasocki)