Australia's Orthocell gains on strong June quarter results

Orthocell

09/07/2024 02:10

** Shares of Orthocell  OCC.AX  rise as much as 5.7% to
A$0.370, set to gain most since April 5 - if current gains hold
    ** The biotech co reports revenue of A$1.84 million ($1.24
million) for June quarter, up 14.41% from a year earlier
    ** Co sees FY24 revenue of A$6.72 million, up 30.40% from
previous year
    ** Stock hits its highest level since July 1
    ** Stock is down 14.6% this year as of last close


($1 = 1.4839 Australian dollars)
    

 (Reporting by Rajasik Mukherjee in Bengaluru)
 ((Rajasik.Mukherjee@thomsonreuters.com;))