Biome Australia rises to 1-1/2-month high on upbeat quarterly revenue forecast

Biome Australia

03/09/2024 02:06

** Shares of Biome Australia  BIO.AX  rise as much as 9.5%
to A$0.690, their highest levels since July 18
    ** The microbiome health co sees Q1 FY25 revenue of more
than A$4 mln ($2.72 mln), up from previous quarter's record of
A$3.8 mln
    ** About 493,000 shares change hands, compared with the
30-day average volume of Around 909,000
    ** Stock up 219.5% YTD, including session's move


   ($1 = 1.4728 Australian dollars)

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