Australia's Dropsuite eyes best day in 2 weeks on strong Q1 performance

Dropsuite

20/10/2021 01:53

** Shares of cloud-based software maker Dropsuite Ltd
 DSE.AX  jump as much as 10% to A$0.22, on course for their best
session since Oct. 7
    ** DSE posts annual recurring revenue (ARR) of A$13.1 mln
($9.79 mln) for Sept. quarter, up 81% from a year
earlier urn:newsml:reuters.com:*:nGLFbM0V9f
    ** Says co's user base rose 52% from a year earlier to
575,000
    ** Stock hits its highest since Oct. 11
    ** DSE stock up 37.9% this year as of last close
    
  


($1 = 1.3385 Australian dollars)

 (Reporting by Harish Sridharan in Bengaluru)
 ((harish.sridharan@thomsonreuters.com))