** Shares of Audinate Group AD8.AX rise as much as 28.6% to A$9.750, set for their best day, if gains hold
** Stock at its highest level since October 21, 2024
** Co expects to return to normal order patterns and growth by FY26 and confirms long-term outlook remains strong
** Stronger-than-forecast cost control drove earnings beat to both our and consensus estimate, Jefferies says in a note
** Outlook statement largely in line with expectations of Q2 being better, Jefferies adds
** Stock up 29.7% YTD, including current session's moves
(Reporting by Manasi Dasa Sundeep in Bengaluru)
((Manasi.DasaSundeep@ThomsonReuters.com))
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