Australia's Objective Corporation climbs to more than 5-month high on upbeat FY earnings

Objective

22/08/2024 05:43

** Shares of Objective Corporation  OCL.AX  rise as much as
8.1% to A$13.68, their highest levels since March 13, 2024
    ** The Australian software co posts FY net profit after tax
of A$31.3 mln ($21.07 mln), up 49% from previous FY
    ** Adds FY revenue of A$117.5 mln, up 6% from previous FY
    ** About 119,600 shares change hands, 3.7 times the 30-day
average volume of shares
    ** Stock has risen 1.1% this year, as of last close

    ($1 = 1.4857 Australian dollars)

 (Reporting by Sherin Sunny in Bengaluru)
 ((Sherin.Sunny@thomsonreuters.com))