Shares of Electro Optic Systems Holdings Ltd. soared 5.19% during intraday trading on Monday, reflecting a significant positive move in the stock's price.
The sharp rise appears to be driven by the company's release of its full-year financial results, which revealed revenue of AUD 131.8 million, surpassing the Ibes estimate of AUD 124.6 million. The company also reported a net income of AUD 18.6 million for the period, indicating profitable operations.
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