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ART — Airtasker News Story

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Australia's Airtasker jumps on strong quarterly revenue

BUZZ-Australia's Airtasker jumps on strong quarterly revenue  

** Shares of Australia's Airtasker ART.AX rise as much as 5.1%, their highest level since Oct 1

** Stock touches biggest intraday pct gain since Oct 6

** The online marketplace for local services posts Q127 Group revenue of A$14 million ($9.73 million) up 16% from last year, excluding other significant costs

** Says revenue secured by strong membership growth in Australia, among others

** YTD, stock down more than 42% including session's move


($1 = 1.4386 Australian dollars)


(Reporting by Aamir Sheik Khalid in Bengaluru)

((Aamir.SheikKhalid@thomsonreuters.com))

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