Water Intelligence soars as nine-month earnings rise
17/11/2022 14:30
** Shares of technology company focused on water
conservation Water Intelligence WATRI.L up 10.5% at 718p
** Says nine-month revenue increased by 38% to $54.9 mln
urn:newsml:reuters.com:*:nL8N32D1VY
** Earnings before interest, taxes, depreciation, and
amortisation (EBITDA) up 13% at $9.7 mln
** WATRI remains on track to achieve upper end of analysts'
expectations for FY revenue, and to be in line with FY profit
expectations
** Despite session gains, stock has plunged ~35% YTD
(Reporting by Amna Karimi in Bengaluru)
((Amna.Karimi@thomsonreuters.com; +91 8083261226;))