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BUZZ-Australia's Pro Medicus posts biggest drop in 14 years on profit miss

Reuters
02/12
BUZZ-Australia's <a href="https://laohu8.com/S/PMCUF">Pro Medicus</a> posts biggest drop in 14 years on profit miss

** Shares of Australia's Pro Medicus PME.AX fall as much as 22.3% to A$131.71, their lowest since August 13, 2024

** Stock posts the biggest intraday pct loss since late July 2011

** Healthcare informatics co reported half-year net profit after tax of A$171.2 million ($122.13 million), up 230.9% on pcp

** However, Jefferies says H1 underlying EBITDA of A$93.7 million is 8% below VA consensus

** Brokerage adds H1 revenue of A$124.8 million, 4-5% below VA consensus

** YTD, stock down 39.9%

($1 = 1.4017 Australian dollars)

(Reporting by Shruti Agarwal in Bengaluru)

((Shruti.Agarwal@thomsonreuters.com))

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