Australia's Dropsuite rises on upbeat December quarter

Dropsuite

19/01/2023 24:12

** Shares of Australia's Dropsuite  DSE.AX  rise as much as
4.9% to A$0.215 - set to climb the most since Jan 13 if gains
hold
    ** Cloud-based software maker posts quarterly annual
recurring revenue of A$25.41 mln ($17.64 mln), up 10% on prior
quarter
    ** Adds FY23 also expected to be operating cash flow
positive
    ** Stock fell 21.7% in 2022
($1 = 1.4407 Australian dollars)
 (Reporting by Rishav Chatterjee in Bengaluru)
 ((Rishav.Chatterjee@thomsonreuters.com;))