Australia's Bigtincan Holdings climbs to over 1-month high on positive Q3 earnings

Bigtincan Holdings

11/04/2024 02:14

** Shares of Bigtincan Holdings  BTH.AX  rise as much as
19.4% to A$0.190, their highest level since March 5
    ** Stock on track for best day since Feb 26, if gains hold
    ** The software co reports Q3 record earnings before
interest, tax, depreciation and amortisation (EBITDA) of A$4.2
mln ($2.73 mln)
    ** Co reaffirms FY24 outlook for revenue, EBITDA and
adjusted EBITDA
    ** Adds board renewal program progressing with changes to
board expected before end-FY24
    ** More than 4.4 mln shares change hands, 2.4x compared with
the 30-day average volume of 1.8 mln shares
    ** Stock has fallen 22.5% this year, as of last close

   ($1 = 1.5370 Australian dollars)

 (Reporting by Shivangi Lahiri in Bengaluru)
 ((shivangi.lahiri@thomsonreuters.com))