Australia's Credit Clear rises on further upgrade to FY24 outlook

Credit Clear

17/06/2024 02:13

** Shares of Credit Clear  CCR.AX  rise as much as 4.2% to
A$0.25, their highest level since June 6
    ** The technology and debt collection provider sees FY24
underlying earnings before interest, taxes, depreciation and
amortization(EBITDA) in excess of A$3.7 mln ($2.45 mln) from in
excess of A$3 mln
    ** Co says FY24 revenue expected to be at upper-end of A$40
mln - A$42 mln outlook
    ** Stock has risen 33.33% this year, as of last close

   ($1 = 1.5126 Australian dollars)

 (Reporting by Sherin Sunny in Bengaluru)
 ((Sherin.Sunny@thomsonreuters.com))