NZ software firm Geo jumps on strong customer sales

Geo

09/08/2021 04:01

** Cloud-based software provider Geo Ltd  GEO.NZ  rises as
much as 3.9% to NZ$0.108, its biggest intraday pct jump since
July 15
    ** In June and July, co says http://nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com/attachments/GEO/376864/351734.pdf
 new customer sales were up ~40% from H2 2021 average sales
levels
    ** Adds customer activity levels on GEO's platforms are
stable, with new customer sales unaffected despite recent
lockdowns in Australia, its largest market
    ** GEO is up 3.9% at NZ$0.11, as of 0203 GMT
    ** About 343,000 shares change hands, vs the 30-day average
volume of 34,100 shares
    ** GEO has gained 30% this year, as of last close

 (Reporting by Sameer Manekar in Bengaluru)
 ((Sameer.Manekar@thomsonreuters.com;))