New Zealand's Blackpearl Group hits over 2-month high on upbeat ARR

Black Pearl

29/01/2026 01:25

** Shares of Blackpearl Group BPG.NZ rise 8.3% to NZ$1.105, their highest level since November 25

** Data technology firm reports NZ$23.7 million ($14.35 million) in annual recurring revenue (ARR) at the end of Q3 FY26, up 114% y-o-y

** Shares on track for best day since October 1

** About 97,400 shares change hands, 2.6x the 30-day average of 37,048

** Stock ended down 16.1% in 2025

($1 = 1.6521 New Zealand dollars)

(Reporting by Jasmeen Ara Shaikh in Bengaluru)

((Jasmeenaraislam.Shaikh@thomsonreuters.com))