BUZZ-Australia's Bravura Solutions hit 150-week high after raising earnings outlook

Reuters
04 Dec 2024
BUZZ-Australia's Bravura Solutions hit 150-week high after raising earnings outlook

** Shares of fintech company Bravura Solutions BVS.AX rise as much as 15.4% to A1.910, reaching their highest level since January 18, 2022

** Co has raised its FY25 Cash EBITDA guidance to a range of A$33 mln - A$36 mln ($21.39 mln - $23.34 mln), from previous forecast of A$28 mln - A$32 mln

** Co intends to recommence dividend declaration in February 2025

** 1,058,295 shares change hands, compared with the 30-day average volume of 936,951

** Stock has risen 93.6% YTD, as of last close

($1 = 1.5427 Australian dollars)

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com))

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