BUZZ-Australia's Telix Pharmaceuticals rises on FY24 revenue forecast beat

Reuters

2025/01/14

** Shares of Telix Pharmaceuticals rise as much as 7.4% to A$25.79, their biggest gain since Sept. 20, 2024

** Stock hits highest level since Dec. 18, 2024 ** The biopharmaceutical co records revenue of $517 mln in FY, beating its forecast of $490 mln to $510 mln

** Co reports 55% y-o-y growth in full-year revenue ** Stock is among the top 10 performers on ASX 200 benchmark

** Shares gained 144.1% in 2024

(Reporting by Jasmeen Ara Shaikh in Bengaluru) ((mailto:Jasmeenaraislam.shaikh@thomsonreuters.com))

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