Australia's Boom Logistics eyes best day in 2-months on FY outlook

Boom Logistics

30/10/2024 04:42

** Shares of Boom Logistics  BOL.AX  rise 5.3% to A$0.15,
their highest since Aug. 26, 2024
    ** Support services provider reports quarterly revenue of
A$69 mln($45.13 mln), up by 6% QOQ
    ** Firm revises FY forecast with revenue at A$263
mln($172.03 mln) & net PAT at A$8 mln ($5.23 mln)
    ** Stock on track for biggest intraday pct gain since Sept.
2
    ** Over 1.1 mln shares change hands, 4.6x the 30-day avg
    ** Stock up 20% YTD, including current session, as at 0353
GMT


($1 = 1.5288 Australian dollars)

 (Reporting by Kumar Tanishk in Bengaluru)
 ((Tanishk.Kumar@thomsonreuters.com;))