NZ's Vista Group falls most in 1 week as HY loss widens

Vista International

29/08/2022 04:38

** Shares of film tech provider Vista Group International
Ltd  VGL.NZ  fall as much as 4.3% to NZ$1.8, their worst
intraday session since Aug 22
    ** Vista says HY22 net loss attributable NZ$17.8 mln 
($10.89 mln) vs loss NZ$3.3 mln last year  urn:newsml:reuters.com:*:nNZWVQq9H
    ** HY revenue came in at NZ$62.4 mln, up 39% year-on-year
    ** Upgrade revenue outlook for 2022 to be in range of NZ$123
mln to NZ$128 mln, says co
    ** Shares hit their lowest in a week since Aug 22
    ** Vista stock down ~21.3% this year, as of last close

    ($1 = 1.6343 New Zealand dollars)

 (Reporting by Anan Ashraf in Bengaluru)
 ((Anan.Ashraf@thomsonreuters.com;))