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An update from Aussie Broadband Ltd. ( (AU:ABB) ) is now available.
Aussie Broadband Limited presented its half-year FY25 results, highlighting a revenue increase of 6.8% compared to the previous period, supported by its robust infrastructure assets like the extensive Aussie Fibre network and high-margin tier 1 voice networks. The company is focused on expanding its physical and digital presence, maintaining its position as a trusted telco brand in Australia, and has strong financials that support its growth and future investment strategies, marking a significant evolution from its beginnings.
More about Aussie Broadband Ltd.
Aussie Broadband Group is a rapidly expanding technology services provider based in Australia, comprising Aussie Broadband and Symbio businesses, with a market capitalization of approximately $1 billion AUD. The company is the fifth largest provider of broadband services in Australia, offering data, voice, and managed solutions to residential, business, enterprise, and government customers, as well as wholesale services to other telecommunications companies.
YTD Price Performance: 6.98%
Average Trading Volume: 334,592
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: A$1.13B
See more data about ABB stock on TipRanks’ Stock Analysis page.