ASX-listed Revasum rises on workforce restructure in Q1
27/04/2023 03:28
** Shares of Revasum Inc RVS.AX rise as much as 2.3% to
A$0.225, on track for best day since April 14
** Semiconductor device manufacturer says it took steps to
continue to restructure its work force in first quarter
** Adds several positions related to legacy equipment were
eliminated
** Posts total revenue of $4.28 mln in third quarter,
similar to last year
** More than 140,000 shares change hands, twice the 30-day
average volume
** Stock up 69.2% this year as of last close
(Reporting by Poonam Behura in Bengaluru)
((Poonam.Behura@thomsonreuters.com;))