Business
Why the AVITA (ASX:AVH) share price is charging higher today – The Motley Fool Australia
The AVITA Medical Inc (ASX:AVH) share price is on the move on Friday following the release of its third quarter update…
The AVITA Medical Inc(ASX: AVH) share price is on the move on Friday morning.
At the time of writing, the regenerative medicine company’s shares are up 4% to $5.35.
Why is the AVITA share price charging higher?
Investors have been buying the company’s shares this morning following the release of its third quarter update.
According to the release, demand for the company’s Recell system rebounded strongly during the quarter.
This led to AVITA recording revenue of US$8.8 million for the three months…
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