Vista Likely to Hit Top End of Upgraded Revenue Guidance

Dow Jones
08/04
 

2249 GMT - Vista's bull at Ord Minnett expects the cinema software group to achieve the top end of its upgraded revenue guidance. Vista now expects FY26 revenue of NZ$179 million-NZ$184 million. Ord Minnett forecasts NZ$183 million, which analyst Amelia Hamer says is "supported by a seasonally stronger box office, partial reversal in FX headwinds, and early traction in the payments product." Moviegoers have returned to cinemas in FY26 so far. That's despite ongoing box office skepticism since the pandemic, and concerns about the structural outlook for the industry, the bank says. "With the industry entering its seasonally stronger half, we believe the market continues to underappreciate the strength of box office and associated benefit to Vista," Ord Minnett says.

 

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