Australia's Revasum jumps on higher FY23 revenue expectation
17/10/2023 01:47
** Shares of Australian semiconductor processing equipment
manufacturer Revasum RVS.AX rise as much as 12.5% to A$0.18,
their highest level since Oct. 11
** Stock posts its biggest intraday pct gain since Oct. 11
** Co expects FY23 revenue to be in range of $17 mln to $20
mln
** Adds guidance range represents 15.3% to 35.6% increase
from fiscal 2022
** 80,000 shares change hands, as of 0030 GMT, vs the 30-day
average volume of 19,586 shares
** Stock up 23.1 YTD, as of last close
(Reporting by Roshan Thomas in Bengaluru)
((Roshan.Thomas@thomsonreuters.com;))