BUZZ-Australia's Audeara rises on upbeat trading update

Reuters
2025/06/18
BUZZ-Australia's Audeara rises on upbeat trading update

** Shares of Audeara AUA.AX rise 5% to A$0.021

** Earlier in the day, stock hit its largest intraday pct gain since late February

** The hearing solutions provider logs unaudited revenue for 11 months of FY25 A$3.6 million ($2.33 million) vs FY24 audited revenue A$3.2 million

** Co also expects additional growth to materialise in coming weeks based on strong June 2025 trading

** More than 424,000 shares change hands, 3.4 times the 30-day avg volume

** Stock down 58% YTD, including the session's moves

($1 = 1.5423 Australian dollars)

(Reporting by Nikita Maria Jino in Bengaluru)

((Nikita.Jino@thomsonreuters.com;))

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