Australia's Pentanet hits two-month high on strong Q4 earnings

Pentanet

20/07/2023 02:01

** Shares of Pentanet  5GG.AX  rise as much as nearly 10% to
A$0.089, hitting their highest since April 20 
    ** The telecom firm posted a 17% jump in Q4 revenue to
A$19.7 mln ($13.36 mln) 
    ** Co says Q4 gross profit climbs 15% to A$8.5 mln 
    ** Stock down 60.5% this year, as of last close 
    

    ($1 = 1.4745 Australian dollars)

 (Reporting by Navya Mittal in Bengaluru)
 ((navya.mittal@thomsonreuters.com))