Australia's Cirrus Network surges on winning multiple contracts

Cirrus Networks Holdings

10/11/2022 24:34

** Shares of Australia's Cirrus Network  CNW.AX  rise as
much as 3.1% to A$0.033, set to gain most since Nov 3, if gains
hold
    ** The IT managed services provider says that it has won a
number of product and services based contracts with federal
government agencies and Canberra based businesses  urn:newsml:reuters.com:*:nASX9DwYpg
    ** Says total value of contracts is in excess of A$11.5
million ($7.40 million)
    ** Stock has risen 14.3% this year as of last close
($1 = 1.5550 Australian dollars)
 (Reporting by Rishav Chatterjee in Bengaluru)
 ((Rishav.Chatterjee@thomsonreuters.com;))