Australia's DXN jumps on upbeat revenue forecast

Dxn

07/06/2024 03:28

** Shares of DXN  DXN.AX  rise as much as 13% to A$0.052,
their highest since mid-April 2023
    ** Modular date centre maker expects unaudited FY24 revenue
to exceed A$10 mln ($6.7 mln), compared to A$6.6 mln last year
    ** About 461,000 shares change hands, compared with the
30-day average volume of around 361,000
    ** Stock up 53.3% YTD, based on last close


($1 = 1.5008 Australian dollars)

 (Reporting by Aaditya Govind Rao in Bengaluru)
 ((Aaditya.govindrao@thomsonreuters.com;))