Daily Roundup
Thursday, 16th January 2025
Last updated: 21:00
PME.ASX CXZ.ASX HZN.ASX NST.ASX CUE.ASX
Exciting Developments in the Medical Imaging and Mobility Sectors
Pro Medicus, a leading provider of medical imaging solutions, has scored a major win, signing a $33 million, 9-year contract with the University of Kentucky. This deal will see Pro Medicus' cloud-based Visage 7 Enterprise Imaging Platform implemented across the university's healthcare system, unifying their diagnostic imaging capabilities. It's a significant expansion for the company into the North American academic institution market.
Elsewhere, Connexion Mobility reported a strong second quarter, with revenue growth across its subscription, inventory, and feature-enhancement offerings. The company managed to decrease its growth spending on R&D and sales and marketing, leading to a healthy increase in gross profit and net profit before tax. Connexion is focused on growing long-term shareholder value by expanding its SaaS revenue streams and user base.
In the energy sector, Horizon Oil has completed the first well, WM29, in its Mereenie development program and has now commenced drilling the second well, WM30. These wells are expected to boost gas production from the Mereenie field, enabling the joint venture to supply additional volumes under a recently executed gas sales agreement with the Northern Territory government.
Finally, mining services provider MLG Oz has sealed a series of lucrative contracts with Northern Star Resources, worth up to $45 million in annual revenue. The agreements cover haulage and site services across four of Northern Star's gold operations in Western Australia, further strengthening the companies' long-standing relationship.
Overall, it's been an eventful period, with significant contract wins, strong financial results, and promising developments in the medical imaging, mobility, and energy sectors. These announcements highlight the continued growth and innovation happening across various industries.
References
PME.ASX | 09:37 | PME signs A$33M, 9-year contract with University of Kentucky |
CXZ.ASX | 12:16 | Quarterly Report |
HZN.ASX | 10:08 | Mereenie Development Well WM29 Completed & WM30 Commences |
NST.ASX | 08:16 | MLG Seals $45m of Contracts with Northern Star |
CUE.ASX | 10:08 | Mereenie Development Well WM29 Completed & WM30 Commences |