BUZZ-Australia's Audinate Group slips to over 5-year low on annual loss
Reuters
Aug 18, 2025
BUZZ-Australia's Audinate Group slips to over 5-year low on annual loss
** Shares of Audinate Group AD8.AX plunge as much as 22% to A$4.735, their lowest level since late-April 2020
** The audio-visual hardware developer reports full-year loss attributable of A$6.4 million ($4.17 million), down 162.3% y/y
** Co posts 32.3% y/y drop in revenue from ordinary activities at A$62.1 million
** About 2.8 million shares traded, 9.1x the 30-day average
** YTD stock down 33.7%, including current session's move
($1 = 1.5342 Australian dollars)
(Reporting by Ananya Verma in Bengaluru)
((ananya.verma@thomsonreuters.com;))
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