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CYC — Cyclopharm News Story

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Australia's Cyclopharm rises on HY revenue forecast

BUZZ-Australia's Cyclopharm rises on HY revenue forecast

** Shares of Australia's Cyclopharm CYC.AX gain as much as 6% to A$0.530, their highest since June 24

** Radiopharmaceutical firm says it expects HY global revenue of A$17.1 million ($11.80 million), up 11% from prior corresponding period

** Says delays in finalisation process have resulted in deferral of Cyclopharm's guidance of 250–300 revenue-generating U.S. locations to after December 31

** CYC down 47.5% YTD

($1 = 1.4497 Australian dollars)


(Reporting by Keshav Singh Chundawat in Bengaluru)

((Keshav.singhchundawat@thomsonreuters.com))

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