New Zealand's Black Pearl Group gains most in 8-weeks on positive Q1 results

Black Pearl

15/07/2024 23:53

** Shares of New Zealand's Black Pearl Group  BPG.NZ  rise
as much as 5.3% to NZ$0.60, marking their biggest intraday pct
gain since May 20
    ** Data technology co posts Q1 FY25 subscription revenue of
NZ$1.5 mln ($910,500), up 143% YoY 
    ** Posts Q1 gross profit margin of 73%, as compared with a
62% increase in Q1 FY24 
    ** Stock up 15.2% YTD, as of last close


($1 = 1.6474 New Zealand dollars)

 (Reporting by Roshan Thomas in Bengaluru)
 ((Roshan.Thomas@thomsonreuters.com))