NZ's Geo Ltd hits over 2-year high on upbeat Q1 outlook

Geo

29/09/2021 24:10

** Shares of cloud-based software provider Geo Ltd  GEO.NZ 
rise as much as 4.7% to NZ$0.157, hitting their highest since
Feb 2019. 
    ** Co says the first quarter of fiscal 2022 is expected to
be the second highest new sales quarter in recent years with new
customer acquisition up 75%-85% from the prior corresponding
period   urn:newsml:reuters.com:*:nNZW1002Wl
    ** Stock on track for sixth consecutive session of gains and
for its biggest intraday percentage gain since Aug. 31 
    ** Stock was up 87.5% this year, as of last close 

 (Reporting by Tejaswi Marthi in Bengaluru)
 ((tejaswi.marthi@thomsonreuters.com))