Bubs Australia gains on robust quarterly results

Bubs Australia

24/10/2023 24:44

** Shares of Bubs Australia  BUB.AX  climb as much as 6.1%
to A$0.175, set for best day since Oct 11 if current trend holds
    ** Dairy firm reports 3.4% rise in group gross revenue for
Q1 to A$24.3 mln ($15.39 mln), driven by strong performance in
U.S. business 
    ** Says U.S. Federal Drug Administration permanent access
process remains on track with clinical trials underway
    ** Stock hits highest level since Oct 19 
    ** Stock had fallen 45% this year, as of last close
($1 = 1.5788 Australian dollars)

 (Reporting by Archishma Iyer)
 ((Archishma.Iyer@thomsonreuters.com;))