IDT Australia hits more than 2-week high on positive quarterly results

IDT Australia

30/07/2024 01:55

** Shares of IDT Australia  IDT.AX  rise as much as 12% to
A$0.14, their highest level since July 12
    ** Stock posts its biggest intraday pct gain since July 12
    ** Pharma manufacturer posts Q4 unaudited revenue of A$4.6
mln ($3.01 mln), up 87% YoY
    ** Says FY24 unaudited revenue of A$13.5 mln ahead of
guidance and 92% above prior year 
    ** Stock up 16.7% YTD, as of last close

($1 = 1.5281 Australian dollars)

 (Reporting by Roshan Thomas in Bengaluru)
 ((Roshan.Thomas@thomsonreuters.com))