Australia's Ava Risk soars on higher revenue outlook

Ava Risk

27/10/2022 01:42

** Shares of security tech firm Ava Risk Group  AVA.AX  leap
as much as 17.5% to A$0.235, their biggest intraday pct gain
since July 6 
    ** Co reports Q1 revenue rising 55% to A$7.8 mln ($5.06 mln)
 urn:newsml:reuters.com:*:nASX8xbVG0 
    ** Expects H1 revenue of A$13 mln to A$15 mln, with H2
revenue even higher 
    ** Stock hits highest level since Sept 15
    ** AVA down 13.7% YTD, as of last close
     ($1 = 1.5404 Australian dollars)
 (Reporting by Harshita Swaminathan)
 ((Harshita.Swaminathan@thomsonreuters.com))