Australia's Firstwave Cloud Technology surges on A$1 mln tech sale

Firstwave Cloud Technology

21/12/2023 24:49

** Shares of FirstWave Cloud Technology  FCT.AX  rise as
much as 16.7% to A$0.035, their biggest intraday gain since Jan.
27
    ** Cybersecurity tech firm secures A$1 million ($673,500.00)
sale of its technology under an expanded reseller engagement
with Telmex
    ** Co says sale will deliver about A$1 million in revenue
for FirstWave over next three years
    ** Stock marks its highest level since Dec. 15
    ** Stock has fallen 49.2% YTD as of last close

    


($1 = 1.4848 Australian dollars)

 (Reporting by Rajasik Mukherjee in Bengaluru)
 ((Rajasik.Mukherjee@thomsonreuters.com))