BUZZ-Australia's BSA hits more than 2-1/2-year high on Q1 earnings jump

Reuters
18 Oct 2024

** Shares of BSA Ltd jump as much as 18.6% to A$1.15, their highest level since March 1, 2022

** Stock posts its biggest intraday pct gain since end-Nov, 2022

** The telecom services provider posts 47.7% jump in Q1 EBITDA to A$6.5 mln ($4.35 mln)

** Posts Q1 revenue of A$76.9 mln, an improvement of 35.6% vs pcp

** Co expects profitability to continue throughout FY25, sees FY25 EBITDA between A$24 mln abd A$27 mln

** Stock up 93.3% YTD, as at 2352 GMT

($1 = 1.4934 Australian dollars)

(Reporting by Echha Jain in Bengaluru)

((Echha.jain@thomsonreuters.com))

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