Australia's Energy One rises on FY outlook reiteration

Energy One

11/07/2023 02:10

** Shares of Australia's Energy One  EOL.AX  rise 7% to
A$3.98, their highest since July 5
    ** The software and services supplier to energy companies
addresses local media reports suggesting that co will miss FY23
forecasts
    ** Company reiterates full-year outlook and says on an
unaudited basis, expects total revenue to reach A$44.5 million
($29.77 million)
    ** Co also sees FY23 EBITDA of A$12.3 million 
    ** Stock has fallen 16.8% this year as of last close 


($1 = 1.4950 Australian dollars)

 (Reporting by Rishav Chatterjee in Bengaluru)
 ((Rishav.Chatterjee@thomsonreuters.com;))