Australia's Compumedics gains most in 3 months on upbeat annual earnings outlook

Compumedics

21/04/2026 04:31

** Shares of Australia's Compumedics CMP.AX rise as much as 8.8% to A$0.31, their biggest intraday pct gain since January 23

** Stock touches its highest point since March 12

** Stock on track for a second consecutive session of gains, if current trend holds

** The medical device maker now expects FY26 revenue to be between A$62 million and A$65 million ($46.61 million), up from A$51 million in FY25

** Company expects FY26 operating earnings to be between A$5.5 million and A$7 million, up from A$3 million last year

** Despite moves, stock down 7.5% YTD

($1 = 1.3945 Australian dollars)

 (Reporting by Aamir Sheik Khalid in Bengaluru)

 ((Aamir.SheikKhalid@thomsonreuters.com))