Australia's Nova Eye Medical hits over 5-months low as loss widens

Nova Eye Medical

28/08/2023 05:55

** Shares of Nova Eye Medical Ltd  EYE.AX  fall as much as
16.7% to A$0.20, their lowest level since March 20 
    ** Medical technology co posts FY loss after tax of A$15.3
mln ($9.83 mln) vs A$7.5 mln loss a year ago
    ** Co posts FY revenues from continuing operations up 27% to
A$17.0 mln 
    ** Co sees biggest intraday fall since April 5
    ** Shares of co are down 14.3% YTD as of last close 
   


($1 = 1.5559 Australian dollars)

 (Reporting by John Biju in Bengaluru)
 ((John.Biju@thomsonreuters.com;))