NZ's Oceania Healthcare rises on earnings beat, hopes of dividend

Oceania Healthcare

22/05/2026 01:36

** Oceania Healthcare OCA.NZ stock rises nearly 12% to NZ$0.73, its highest level since May 6

** On track for best day since July 2024

** Healthcare service provider posts FY adjusted EBITDA NZ$97.7 million ($57.36 million), beating IBES estimate of NZ$73.4 million

** To reassess resuming dividend payments once free cash flow from operations is positive

** Stock down 20.7% YTD, including current moves

($1 = 1.7033 New Zealand dollars)

(Reporting by Jasmeen Ara Shaikh in Bengaluru)

((Jasmeenaraislam.Shaikh@thomsonreuters.com;))