Service Stream Posts Higher Fiscal H1 Earnings as Revenue Rises; Shares Rise 5%

MT Newswires Live
02-20

Service Stream (ASX:SSM) reported Thursday that its earnings per diluted share in the fiscal first half rose to AU$0.0528 from AU$0.0203 per diluted share a year earlier.

Analysts polled by Visible Alpha were expecting EPS of AU$0.04.

Adjusted EPS was 0.0613, compared with AU$0.0409 a year earlier.

Revenue for the six months ended Dec. 31, 2024, was AU$1.22 billion, up from AU$.13 billion in the same period a year earlier. Analysts surveyed by Visible Alpha expected AU$1.22 billion.

The board declared an interim dividend of AU$0.025 per share, up from AU$0.02 a year earlier, payable on April 4 to shareholders on record as of March 21.

The company's shares were up almost 5% in recent Thursday trade.

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