Australia's Integrated Research jumps most in 1 month on forecast

Integrated Research

12/01/2023 01:38

** Shares of Integrated Research Ltd  IRI.AX  rise as much
as 12% to A$0.560, their biggest intraday pct gain since Dec. 2
    ** The software maker says it sees reported statutory
revenue in the range of A$36 mln ($24.89 mln)- A$39 mln in 1H
FY23, an increase of 11%-21% from a year ago
    ** Expects statutory EBITDA in 1H FY23 to be in the range of
A$7.8mln-A$8.8mln, an increase of 15%-30% reported a year ago
    ** Stock posts its highest since Dec. 5
    ** IRI marks a six-day winning streak     
    ** More than 239,000 shares change hands, vs the 30-day
average volume of 134,000 shares
    ** IRI fell 64.0% in 2022
($1 = 1.4463 Australian dollars)
 (Reporting By Udbhav Krishna P in Bengaluru)
 ((UdbhavKrishna.P@Thomsonreuters.com))