Australia's Beam Communications set for best day in 7 months on swinging to annual profit

Beam Communications Holdings

21/08/2026 05:12

** Shares of Australia's Beam Communications BCC.AX rise as much as 47.5% to A$0.059, marking their biggest intraday pct gain since Jan 27
** Shares hit their highest level since July 16
** Communications and networking firm posts FY26 NPAT of A$14.3 million ($10.21 million), up from A$13.5 million loss last year 
** Co declares one-off non-recurring unfranked dividend of 1.4 AU cents per share 
** Adds expects continuing operations to remain profitable and operating cash flow positive in FY27
** BCC shares up 19% so far this week, their highest level since February-end
** YTD, stock up 100%, including session's moves 


($1 = 1.4004 Australian dollars)

 (Reporting by Subhalakshmi Dey in Bengaluru)
 ((Subhalakshmi.Dey@thomsonreuters.com;))