BUZZ-Australia's Audinate slips to near six-year low as half-year loss widens

Reuters
Feb 16
BUZZ-Australia's Audinate slips to near six-year low as half-year loss widens

** Shares of Audinate Group AD8.AX fall as much as 4.9% to A$3.50, their lowest level since late-March 2020

** The audio-visual hardware developer posts half-year net loss attributable of A$10.58 million ($7.48 million), widening from A$2.2 million last year

** Co expects FY26 free cash flow to be negative

** Stock down 12%, YTD

($1 = 1.4144 Australian dollars)

(Reporting by Anjali Singh in Bengaluru)

((anjali.singh2@thomsonreuters.com;))

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