Australia's Electro Optic Systems rises on positive interim earnings outlook

Electro Optic Systems Holdings

27/07/2026 04:04

** Shares of Electro Optic Systems EOS.AX rise as much as 7.6% to A$7.390, their largest intraday pct jump since July 2
** The defence tech manufacturer expects underlying EBITDA to be positive for 1H26
     ** Company expects preliminary 1H2026 revenue of A$169 million ($118.32 million), up A$125 million from 1H2025 levels 
** Also upgrades FY26 revenue forecast to A$280 million-300 million vs previous forecast A$240 million-270 million 
** Stock down 23.4% YTD, including session's moves

   ($1 = 1.4284 Australian dollars)

 (Reporting by Subhalakshmi Dey in Bengaluru)
 ((Subhalakshmi.Dey@thomsonreuters.com;))