NZ's BLIS Technologies hits 8-mth high on raised FY guidance

BLIS Technologies

01/04/2019 24:49

** Shares of BLIS Technologies Ltd  BLT.NZ  soar as much as
33.3 pct to NZ$0.024, their highest since Oct 27, 2017
    ** Stock posts its biggest intraday pct gain since August
2014
    ** Healthcare product maker upgrades FY19 revenue outlook to
close to NZ$8.3 mln; EBITDA close to NZ$0.85 mln  urn:newsml:reuters.com:*:nFWN21I03Z
    ** Co says upward revisions are as a result of strong orders
from all markets, including Australasia, Asia, Europe and North
America
    ** Co in November said it sees FY19 revenue in excess of
NZ$7 mln, EBITDA in excess of NZ$0.6 mln  urn:newsml:reuters.com:*:nFWN1XQ0TE
    ** More than 3.5 mln shares change hands, compared with the
30-day average volume of 458,616 shares
    ** As of last close, stock unchanged this year

 ((Reuters Messaging:
Nikhil.Subba.thomsonreuters.com@reuters.net))