BUZZ-Australia's Amaero posts biggest drop in over two years after earnings forecast cut

Reuters
Jan 15
BUZZ-Australia's Amaero posts biggest drop in over two years after earnings forecast cut

** Shares of Australia's Amaero 3DA.AX tumble 20% to A$0.26, their steepest decline since March 20, 2023

** Alloy producer reduces FY26 revenue guidance to between A$18 million ($12.03 million) and A$20 million, down from A$30 million to A$35 million

** 3DA top loser in the all ordinaries index .AORD

** Stock added 10% in 2025, and is down 5.5% YTD

($1 = 1.4961 Australian dollars)

(Reporting by Shruti Agarwal in Bengaluru)

((Shruti.Agarwal@thomsonreuters.com))

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