BUZZ-Australia's Hansen Technologies hits over six-week high on raising earnings forecast
Reuters
Jul 14
BUZZ-Australia's Hansen Technologies hits over six-week high on raising earnings forecast
** Shares of Hansen Technologies HSN.AX rise 11.7% to A$5.34, their highest since May 30
** On track for best session since June 2021, if gains hold
** The software services provider revises up FY underlying EBITDA forecast to be in the range of A$110 mln ($72.44 mln) to A$112 mln
** Lowers FY operating revenue guidance range to A$391 mln - A$393 mln adding some revenue will shift to FY26
** Stock down 3.2% YTD, including moves in the current session
($1 = 1.5186 Australian dollars)
(Reporting by Jasmeen Ara Shaikh in Bengaluru)
((JasmeenAraIslam.Shaikh@thomsonreuters.com;))
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