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IOD — Iodm News Story

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Australia's IODM set for best day in a month on revenue growth

BUZZ-Australia's IODM set for best day in a month on revenue growth 

** Shares of Australia's IODM IOD.AX rise 1.1% to A$0.091, set for their best day since September 1

** Cloud-based cashflow optimization services provider reports 10.2% increase in total revenue during January to August period compared with a year ago

** Adds, 15 US universities confirmed their intention to onboard IODM Connect, company's cashflow management product

** Stock down 30% YTD


(Reporting by Shruti Agarwal in Bengaluru)

((Shruti.Agarwal@thomsonreuters.com;))

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