Australia's Tyro Payments jumps the most in 3 weeks on strong HY results

Tyro Payments

28/02/2023 03:02

** Shares of Tyro Payments  TYR.AX  jump as much as 4.9% to
A$1.715, posting their biggest intraday pct gain since Feb 6 
    ** The fintech firm says HY transaction value rises 37% to
A$21.7 bln ($14.63 bln)
    ** Reaffirms full year guidance for all key operating
metrics, including EBITDA of between A$37 mln and A$41 mln
    ** Says transaction values for Jan 1 to Feb 24 up 23% to
A$6.3 bln vs same period a year ago
    ** Says Jan gross profit on a normalised basis increased 39%
to A$15.4 mln
    ** Shares touch their highest levels since Feb 10
    ** Stock has jumped 15.5% YTD, as of last close
 
 ($1 = 1.4828 Australian dollars)

 (Reporting by Echha Jain in Bengaluru)
 ((Echha.jain@thomsonreuters.com))