Biome Australia hits record high on increased revenue forecast

Biome Australia

08/01/2024 24:10

** Shares of Biome Australia  BIO.AX  rise as much as 8% to
hit their record high of A$0.270
    ** Health services co upgrades FY24 revenue forecast to
A$12.5 mln ($8.40 mln)from A$11.5 mln
    ** Sees FY24 sales growth of 74% versus FY23
    ** Nearly 1.4 mln shares change hands, compared with the
30-day average volume of 424,526
    ** Stock had risen 190.8% last year




($1 = 1.4890 Australian dollars)

 (Reporting by Aaditya Govind Rao in Bengaluru)
 ((Aaditya.govindrao@thomsonreuters.com;))