Etherstack Agrees UK Government Project Scope Change, Lifting Revenue by $700,000, Shares Fall 6%

MT Newswires Live
9 hours ago

Etherstack (ASX:ESK) agreed to a scope change for its primary UK government project, with costs associated with the additional scope delivering a revenue rise of about $700,000 and a related increase in ongoing support and maintenance fees, according to a Monday Australian bourse filing.

The company said management expects the additional project revenues to contribute beneficially to the first half of fiscal 2027, the filing added.

The company's shares fell 6% in recent Monday trade.

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