Australia's CogState slumps most in 1-1/2 months on fall in revenue

Cogstate

20/10/2022 02:22

** Shares of neuroscience tech co CogState  CGS.AX  fall as
much as 8.9% to A$1.85, eyeing their worst session since Aug. 30
    ** CGS says quarterly revenue of $8.9 mln, down from $12.3
mln reported in previous corresponding period 
    ** Shares hit their lowest levels since Sept. 28
    ** More than 1.1 mln shares change hands, compared with the
30-day average volume of about 206,000 shares
    ** Stock down ~16.1% this year, as of last close
 (Reporting by Anan Ashraf in Bengaluru)
 ((Anan.Ashraf@thomsonreuters.com;))