Brief: Beam Communications Anticipates Second-Half FY24 Revenue To Be Weaker Than PCP

Beam Communications Holdings

28/02/2024 01:27

Feb 28 (Reuters) - Beam Communications Holdings Ltd
 BCC.AX :
    * ANTICIPATES SECOND-HALF FY24 REVENUE TO BE WEAKER THAN PCP
    * FREE CASH FLOW INCLUDING A$3 MILLION FOR CAPITAL
EXPENDITURE IS
EXPECTED TO BE POSITIVE FOR FY24
    * REVENUE IN SECOND HALF WILL CONTINUE TO BE IMPACTED BY
DEFERRED
SALES INTO FY25
    * EBITDA IN SECOND HALF PROJECTED TO FALL WITHIN RANGE OF
A$3.1
MILLION TO A$3.6 MILLION
    * EXPECT TO GENERATE POSITIVE FREE CASHFLOW IN BOTH SECOND
HALF
AND FULL YEAR
    * HY NORMALISED EBITDA FELL 9% TO A$2M EXCLUDING ARBITRATION
COSTS
    * H1 REVENUE A$16.7M COMPARED TO A$20.5M

Source text for Eikon:  ID:nASXc8GWc5 
Further company coverage:  BCC.AX 

 ((Reuters.Briefs@thomsonreuters.com;))