Australia's Activeport eyes best day in over 3 months on higher Q2 revenue

ActivePort

31/01/2024 02:26

** Shares of Activeport  ATV.AX  rise as much as 21.2% to
A$0.08, set for their best day since Oct 25, if gains hold 
    ** The software firm posts quarterly revenue from ops of
A$3.73 mln, up 7% from the previous quarter
    ** Adds software sales contracts totaled A$6.8 mln in the
quarter, of which A$4.5 mln is due for payment in CY24
    ** About 383,165 shares change hands, compared with the
30-day average volume of 218,401
    ** Stock has dropped 32.7% this year, as of last close,
after losing 6.7% in 2023 
    

 (Reporting by Sneha Kumar in Bengaluru)
 ((Sneha.Kumar@thomsonreuters.com;))