Australia's CPT Global rises on extension of contracts

CPT Global

22/03/2021 04:03

** Shares of CPT Global  CGO.AX  rise as much as 2.4% to
A$0.43, their highest since March 4
    ** IT consulting services provider says 2 streams of work at
its largest North American client have been extended to Dec. 31,
2021  urn:newsml:reuters.com:*:nASX3m6m11
    ** As a result of extension, co expects 88% revenue from USA
business for FY ending June 2021 to be generated from contracts
    ** Stock had risen 40% this year, as of last close
    
    

 (Reporting by Nikhil Subba in Bengaluru)
 ((Nikhil.Subba.thomsonreuters.com@reuters.net))