Australia's Next Science jumps most in nearly 2 weeks on results, forecast

Next Science

31/10/2022 02:56

** Shares of Next Science Ltd  NXS.AX  rise as much as 2.8% to
A$0.735, on track to see their best day since Oct 19, if gains
hold
    ** Medical technology company says co recorded Q3 product
sales of $3.0 mln, up 43% on prior corresponding period 
 urn:newsml:reuters.com:*:nASX80C3hW
    ** Says co recorded revenue of $3.14 mln for Q3 compared to
$2.2 mln previous year 
    ** Says revenue was driven by ongoing market adoption of
co's wound care and surgical infection control products  
    ** Says co sees positive outlook with accelerating sales and
marketing activities across multiple product and sales channels
for Q4 
    ** Shares of co are down 42.6% YTD as of last close 
 (Reporting by John Biju in Bengaluru)
 ((John.Biju@thomsonreuters.com;))