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EML EML Payments News Story

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IndustrialsAdventurousSmall CapValue Trap

Aussie payments firm EML hits 11-month high on record revenue, CFO appointment

** Shares of payments solutions provider EML Payments
 EML.AX  rise as much as 32.9% to A$0.990, their highest since
Sept 2022 
    ** Co posts record revenue of A$254.2 mln ($163.32 mln),
exceeding outlook, in fiscal 2023 
    ** Says James Georgeson will be joining the company as chief
financial officer from Sept 1 
    ** Shares mark their biggest intraday pct gain since March
31 
    ** More than 4.3 mln shares change hands, compared with the
30-day average volume of ~1.2 mln shares  
    ** Stock up 18.3% this year, as of last close, vs a 1.7%
increase in the benchmark S&P/ASX 200 index  .AXJO  

     ($1 = 1.5564 Australian dollars)

 (Reporting by Roushni Nair in Bengaluru)
 ((Roushni.Nair@thomsonreuters.com;))

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