2156 GMT - Telecoms company Aussie Broadband adds a new bull in Jefferies, which has turned more positive about gross profit margins and subscriber growth in its residential business. While Aussie Broadband's business focused on small and medium-sized enterprises remains a laggard in terms of subscriber additions, analyst John Campbell is hopeful this will change as the company's brand becomes better known. Jefferies upgrades its forecasts for subscriber numbers by 4%-6% across FY 2025-2027, and assumes Aussie Broadband buys back shares worth A$15 million in FY 2025. It upgrades the stock to buy, from hold. (david.winning@wsj.com; @dwinningWSJ)
(END) Dow Jones Newswires
January 16, 2025 16:57 ET (21:57 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。