Australia's Harris Technology Group jumps as quarterly earnings surge

Harris Technology

12/04/2021 04:14

** Shares of Harris Technology Group Ltd  HT8.AX  rise as
much as 23.1% to A$0.160, marking their biggest intraday pct
gain since Sept. 8, 2020
    ** Online IT and commercial goods retailer posts Q3 sales of
A$10.4 million ($7.91 million), a y-o-y growth of 206%
 urn:newsml:reuters.com:*:nASX3hTf2g
    ** Total revenue to March 2021 exceeded A$30 mln, compared
with A$7.5 mln reported last year
    ** Stock hits highest since Feb. 8, 2021
    ** Over 4.4 mln shares change hands, compared with the
30-day average volume of ~400,000
    ** Stock down 31.6% YTD, as of last close

($1 = 1.3153 Australian dollars)

 (Reporting by Arundhati Dutta in Bengaluru)
 ((Arundhati.Dutta@thomsonreuters.com))