Australia's Superloop hits 3-month high after swinging to half-year profit

Superloop

17/02/2026 23:56

** Shares of Superloop SLC.AX rise as much as 18.2% to A$2.86, their highest level since November 14, 2025

** On track for best session since mid-March, 2024

** The telecom co posts a profit attributable of A$5.1 million ($3.61 million) for the first half, compared with a loss of A$7.8 million a year ago

** Revenue for the reporting quarter jumps to A$317.6 million from A$257.5 million a year ago

** Up 2.3% YTD, including the session's moves

($1 = 1.4118 Australian dollars)

(Reporting by Anjali Singh in Bengaluru)

((anjali.singh2@thomsonreuters.com; ))