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Reporting Season - 25 February

Companies discussed: Fortescue (FMG), WiseTech (WTC) & Siteminder (SDR)

Stocks covered: 

  • Fortescue (FMG): HY profit rose thanks to record iron ore shipments and higher commodity prices
  • WiseTech (WTC): profit for the half has fallen while it plans to cut 2-thousand jobs and,
  • Siteminder (SDR): posts a 23% increase in first-half revenue with CEO Sankar Narayan saying it's positioned to support AI-enabled hotel commerce.

About the Author
ausbiz

ausbiz was founded by Kylie Merritt and David Koch and is Australia's leading provider of live and on-demand video of the latest news in Australian business, markets, economy and startups.