Australia's Audinate tops ASX 200 on strong annual profit
** Shares of audio-visual hardware developer Audinate Group AD8.AX rise as much as 11.6% to A$10.55, their highest level since Aug. 5
** AD8 best performer in the ASX200 benchmark index .AXJO, posts best intraday gain since Aug. 8
** Co logs FY24 profit attributable of A$10.2 mln ($6.82 mln), ahead of Visible Alpha consensus of A$8.8 mln
** Clocks record annual gross profit of A$68 mln, largely in line with consensus of A$67.6 mln
** Flags weak revenue in FY25 but predicts growth in FY26
** AD8 down 41.6% this year, as of last close
($1 = 1.4963 Australian dollars)
Reporting by Sameer Manekar in Bengaluru
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