Australia's BSA hits more than 2-1/2-year high on Q1 earnings jump

BSA

18/10/2024 24:58

** Shares of BSA Ltd  BSA.AX  jump as much as 18.6% to
A$1.15, their highest level since March 1, 2022
    ** Stock posts its biggest intraday pct gain since end-Nov,
2022
    ** The telecom services provider posts 47.7% jump in Q1
EBITDA to A$6.5 mln ($4.35 mln)
    ** Posts Q1 revenue of A$76.9 mln, an improvement of 35.6%
vs pcp
    ** Co expects profitability to continue throughout FY25,
sees FY25 EBITDA between A$24 mln abd A$27 mln 
    ** Stock up 93.3% YTD, as at 2352 GMT

($1 = 1.4934 Australian dollars)

 (Reporting by Echha Jain in Bengaluru)
 ((Echha.jain@thomsonreuters.com))