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Australia's Electro Optic Systems hits 2-1/2-month high on positive H1 results



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** Shares of Electro Optic Systems EOS.AX rise as much as 10.5% to A$1.79, their highest since April 29

** Stock posts its biggest intraday pct gain since June 20

** EOS stock rises for fourth straight session

** The defense and space technology developer posts a 92% growth in H1 revenue to A$142.6 mln ($96.23 mln)

** Says the increase in revenue includes growth across all segments such as accelerated production and delivery of Remote Weapons Systems (RWS) under an existing Middle East contract, among others

** About 2.4 mln shares change hands, compared with the 30-day average volume of 705,684

** Stock has risen 55.8% this year, as of last close


($1 = 1.4819 Australian dollars)



Reporting by Sneha Kumar in Bengaluru

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