Pinnacle Investment Posts Higher Fiscal H1 Earnings as Revenue Rises

MT Newswires Live
02-05

Pinnacle Investment Management Group (ASX:PNI) reported Tuesday fiscal half-year earnings of AU$0.367 per diluted share, up from AU$0.153 per diluted share a year earlier.

Analysts polled by Visible Alpha expected AU$0.3081 per diluted share.

Revenue from continuing operations for the six months ended Dec. 31, 2024, was AU$27.6 million, compared with AU$23.7 million a year earlier.

Analysts surveyed by Visible Alpha expected AU$28.6 million.

The board declared a dividend of AU$0.33 per share payable on March 21 to shareholders of record on March 7. This is higher than the previously reported period's dividend of AU$0.156.

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