BUZZ-Aroa Biosurgery eyes annual results at top end of forecast, shares rise
Reuters
Feb 03
BUZZ-<a href="https://laohu8.com/S/AROAF">Aroa Biosurgery</a> eyes annual results at top end of forecast, shares rise
** Shares of soft-tissue regeneration products maker Aroa BiosurgeryARX.AX rise as much as 12.5% to A$0.72, their highest level since January 27
** The New Zealand-based co expects its FY26 results to fall at the upper end of the revenue forecast range of NZ$92 million to NZ$100 million ($55.36 million to $60.17 million) and normalised EBITDA of NZ$5 million to NZ$8 million
** About 148,390 shares change hands, 1.5x the 30-day average
** YTD, stock down 2.7% this year, including the day's move
($1 = 1.6620 New Zealand dollars)
(Reporting by Sherin Sunny in Bengaluru)
((Sherin.Sunny@thomsonreuters.com))
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