The ASX All Ords is slightly in the red in early trading on Tuesday as earnings season continues.
The S&P/ASX All Ordinaries Index (ASX: XAO) is currently down 0.04% to 7,910.1 points.
But let's take a look at some results from three companies whose share prices are doing much better.
Bravura Solutions Ltd (ASX: BVS)
The Bravura Solutions share price rocketed 46% earlier to a new 52-week high of $1.40 on Tuesday. The ASX All Ords financial services management software provider has reported its 1H FY24 results. The company reported a return to profitability with a positive cash EBITDA of $300,000. EBITDA was $7.9 million, up $11.5 million on 1H FY23. Gross revenue came in at $127 million, up 7.4% on 1H FY23.
The ASX All Ord stock is currently trading for $1.23 per share, up 27.6%.
McMillan Shakespeare Ltd (ASX: MMS)
The 1H FY24 results of McMillan Shakespeare also has the market excited today. The ASX All Ords stock rose 15.2% to $20.10 in early trading after the employee benefits provider reported a 42.9% bump to normalised EBITDA at $86.9 million. The company declared an interim fully franked dividend of 76 cents per share, up 31% on last year's interim payment.
The ASX All Ord stock is currently trading for $20.06 per share, up 14.93%.
Perenti Ltd (ASX: PRN)
Record first-half results have this ASX All Ords mining services company surging on Tuesday. The Perenti share price hit a high of 94 cents this morning, up 10.6% after the company released its numbers. Perenti announced a record revenue of $1.6 billion and a record underlying EBITDA of $312.4 million. Statutory NPAT(A) in 1H FY24 was $69.8 million, up from $44 million in 1H FY23. Perenti said this was due in part to a gain on the "transformative, value accretive" DDH1 acquisition.
The ASX All Ord stock is currently trading for 93 cents per share, up 8.82%.
