NZ's ikeGPS hits over 1-yr high on upbeat quarterly revenue

Ikegps

06/02/2023 22:20

** Shares of New Zealand's ikeGPS Group Limited  IKE.NZ 
rise as much as 7.1% to NZ$1.060, hitting highest since Nov. 9,
2021
    ** Stock eyes best day since Oct.18, 2022
    ** Industrial machinery maker posts Q3 FY23 revenue of
NZ$7.9 mln ($4.98 mln) an increase 88% on prior corresponding
period (pcp) 
    ** Says Q3 FY23 recurring subscription and reoccurring
transaction revenue came in at NZ$7.2 million, up 121% pcp
    ** About 51,413 shares change hands compared with the 30-day
moving average of 37,597 shares  
    ** IKE has risen 12.5% this year, as of last close
($1 = 1.5868 New Zealand dollars)
 (Reporting by Nausheen Thusoo in Bengaluru)
 ((Nausheen.Thusoo@thomsonreuters.com;))