Australia's Damstra hits 2-week high after YTD revenue rise, upbeat outlook

Damstra Holdings

28/04/2023 03:14

** Shares of Damstra Holdings Ltd  DTC.AX  rise as much as
7.5% to A$0.072, their highest since April 17
    ** Workforce management firm posts FY23 year-to-date revenue
of A$22.4 mln ($14.86 mln), up 9% vs prior year
    ** Expects positive operating and investing cashflow in Q4 
    ** Stock posts its biggest intraday pct gain since April 21
    ** Stock down ~49% this year, as of last close
    
    
    ($1 = 1.5072 Australian dollars)

 (Reporting by Poonam Behura in Bengaluru)
 ((Poonam.Behura@thomsonreuters.com;))