New Zealand's ikeGPS eyes best day since Oct 2022 on contract win

Ikegps

26/07/2024 02:34

** Shares of ikeGPS Group  IKE.NZ  up 23.3% at NZ$0.74, set
for best day since October 2020, if current gains hold
    ** Platform technology firm says it has secured a contract
to support delivery of a multi-year fiber and grid resiliency
programme in southwest U.S.
    ** Says contract is expected to generate NZ$19 mln ($11.18
mln) in revenue over the coming three years
    ** IKE shares up 15.4% YTD, as of last close

($1 = 1.6989 New Zealand dollars)

 (Reporting by Ayushman Ojha in Bengaluru)
 ((Ayushman.ojha@thomsonreuters.com;))