Australia's Resonance Health jumps on over 3-fold rise in FY24 earnings

Resonance Health

30/08/2024 04:51

** Shares of Resonance Health  RHT.AX  rise as much as 21.2%
to A$0.063; set to gain most since Apr. 8
    ** The MedTech co posts operating EBITDA of A$1.12 mln
($761,376.00) for FY24, up 234% YoY
    ** Adds revenue up 95% YoY
    ** RHT has gained ~7% this week, on track for its best week
since week ending Aug. 2
    ** Stock down over 13% so far this year

($1 = 1.4710 Australian dollars)

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