Australia's Scout Security expands into U.S., shares climb

Scout Security

31/08/2021 05:09

** Home security provider's shares  SCT.AX  rise as much as
14.8% to A$0.07, biggest intraday pct gain since July 2
    ** Company launches its home security product suite in the
United States  urn:newsml:reuters.com:*:nASX4pgpw3
    ** Says recurring revenue through the launch is expected to
build though the second half of 2021 and beyond
    ** Company's shares down 54.8% YTD, as of last close

 (Reporting by Arundhati Dutta in Bengaluru)
 ((Arundhati.Dutta@thomsonreuters.com))