Australia's Veris climbs on robust first-half results

Veris

31/01/2023 01:54

** Shares of Veris Ltd  VRS.AX  climb as much as 15.3% to
A$0.098, their highest since Sept 16, 2022
    ** The spatial data services provider posts EBITDA in first
half of FY23 of A$5.4 mln ($3.81 mln), representing an increase
of 77% from prior corresponding period 
    ** Co says unaudited H1 FY23 revenue was A$52.5 mln, up 23%
pcp
    ** Stock on track for worst day since Oct 19, if losses hold
    ** More than 3.6 mln shares change hands, over 17 times the
30-day average volume 
    ** Stock up 7.6% this year, as of last close
     ($1 = 1.4172 Australian dollars)
 (Reporting by Poonam Behura in Bengaluru)
 ((Poonam.Behura@thomsonreuters.com;))