Australia's Skyfii climbs on strong revenue growth, upbeat outlook

Beonic

31/01/2022 02:52

** Shares of Skyfii Ltd  SKF.AX  rise as much as 9.1% to
A$0.084, post their biggest intraday pct gain since Jan. 18
    ** Software firm records 50% rise in Q2 revenue to A$6 mln 
($4.21 mln) urn:newsml:reuters.com:*:nASXbvsz3W
    ** 1HFY22 total revenue A$11.1 mln, also up 50% 
    ** Co expects 2HFY22 revenue to exceed record levels
achieved in 1HFY22
    ** Stock hits its highest since Jan. 24
    ** More than 180,000 shares change hands, vs the 30-day avg
volume of 100,900 shares
    ** Stock down 22.2% this year, as of last close

($1 = 1.4261 Australian dollars)

 (Reporting by Yamini C S)
 ((Yamini.CS@thomsonreuters.com;))