BUZZ-Australia's DroneShield soars as earnings more than quadruple

Reuters
Feb 25
BUZZ-Australia's DroneShield soars as earnings more than quadruple

** Shares of DroneShield DRO.AX rise as much as 6.6% to A$3.21, post their biggest intraday pct jump since Feb 10

** Defense tech co posts annual profit attributable of A$3.5 million ($2.48 million), up 367% on pcp

** FY revenue jumps 276% to A$216.5 million

** YTD, shares up 0.8%

($1 = 1.4136 Australian dollars)

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com))

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