Australia's Integrated Research soars 16% on strong outlook

Integrated Research

16/07/2021 05:08

** Integrated Research stock  IRI.AX  jumps as much as 16%
to A$2.28 and is set for its best one-day performance since Jan
2019
    ** The software maker expects its annual revenue to be at
the top end of a range announced earlier and profit to exceed
the guided range  urn:newsml:reuters.com:*:nASN001G46
    ** Co cites a flurry of new contracts signs and renewals
towards the close of the reporting period for the outlook bump
up 
    ** IRI shares at their highest level in over a month
    ** More than 1.4 million shares change hands, 3x the 30-day
trading average
    ** Stock top pct advancer on the ASX All-Ordinaries index
 .AORD 

 ((rushil.dutta@thomsonreuters.com))