Australia's Cluey hits 1-month high as first-quarter earnings jump

Cluey

31/10/2022 01:15

** Shares of Australia's Cluey  CLU.AX  rise as much as 3%
to A$0.52, their highest since Sept 30
    ** The education tech co announces first-quarter revenue of
A$12 mln ($7.69 mln), a 52% jump from numbers seen a year
earlier   urn:newsml:reuters.com:*:nASX6CY82p
    ** Also records Q1 gross profit of A$6.7 mln, which
indicates a 59% jump as compared to the same period a year ago
    ** Stock posts its biggest intraday pct gain since Oct 18
    ** Stock down 51.9% this year, as of last close
    ($1 = 1.5598 Australian dollars)
 (Reporting by Rishav Chatterjee in Bengaluru)
 ((Rishav.Chatterjee@thomsonreuters.com;))