Australia's Beamtree hits 8-week high on robust Q3 results

Beamtree Holdings

27/04/2023 02:54

** Shares of Beamtree Holdings Ltd  BMT.AX  jump as much as
8.5% to A$0.32, their highest since Feb. 28
    ** Stock posts its biggest intraday pct gain since March 31
    ** Healthcare technology company posts revenue growth of 51%
in third quarter
    ** Says Q3 operating profit improved by 25%
    ** Sees full year organic revenue growth in FY23 to be
similar to first nine months
    ** More than 211,187 shares change hands, twice the 30-day
average volume 
    ** Stock down 14.5% this year, as of last close


 (Reporting by Poonam Behura in Bengaluru)
 ((Poonam.Behura@thomsonreuters.com;))