Nanosonics Posts Higher Fiscal H1 Earnings, Revenue

MT Newswires Live
20 Feb

Nanosonics (ASX:NAN) reported Thursday fiscal first-half earnings of AU$0.0316 per diluted share, up from AU$0.0202 per diluted share a year earlier.

Analysts polled by Visible Alpha expected diluted earnings per share of AU$0.02.

Revenue for the six months ended Dec. 31, 2024, was AU$93.6 million, up 18% compared with AU$79.6 million a year earlier. Analysts surveyed by Visible Alpha expected total revenue of AU$92.1 million.

The company said it now expects revenue growth of 11% to 14% in fiscal year, compared with its earlier guidance of 8% to 12%.

Analysts polled by Visible Alpha expect net earnings of AU$0.02 per diluted share on revenue of AU$97.4 million for the fiscal second half. They expect net earnings of AU$0.04 per diluted share on revenue of AU$189.3 million for fiscal 2025.

The firm said there were no distributions of dividends during the period or in the previous corresponding period.

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