Australia's Dropsuite rise on upbeat quarterly update

Dropsuite

18/01/2024 24:54

** Shares of Dropsuite  DSE.AX  rise as much as 5.36% to
A$0.295, their highest  level since Jan 8
    ** Shares on track for their best day since Jan 9, if gains
hold
    ** Cloud-based software maker posts for Dec quarter annual
recurring revenue of A$34.3 million ($22.43 million), up 35% 
    ** Stock gained 58.3% in 2023


($1 = 1.5291 Australian dollars)

 (Reporting by Sherin Sunny in Bengaluru)
 ((Sherin.Sunny@thomsonreuters.com))