Australia's CogState jumps most in 6 wks on robust first-quarter revenue

Cogstate

27/10/2021 01:29

** Shares of CogState Ltd  CGS.AX  jump as much as 11.9% to
A$2.45, their biggest intraday pct gain since Sept. 15
    ** The neuroscience technology firm says Q1 revenue almost
doubled from a year earlier to A$12.3 mln ($9.18 mln)
 urn:newsml:reuters.com:*:nASXbjRZGh
    ** Adds Q1 revenue from clinical trials rose 93% to A$11.1
mln
    ** Stock notches its highest since Oct. 18
    ** CGS stock has nearly doubled in value this year as of
last close


($1 = 1.3398 Australian dollars)

 (Reporting by Harish Sridharan in Bengaluru)
 ((harish.sridharan@thomsonreuters.com))