Australia's Kinatico jumps most in 5 weeks after quarterly revenue growth

Kinatico

10/10/2024 03:49

** Shares of Kinatico  KYP.AX  rise 9.1% to A$0.120, their
biggest intraday pct gain since Sept 5
    ** The employment services provider posts SaaS revenue of
A$3 mln ($2.02 mln) for first quarter of FY25, up 50% on pcp
    ** Co reports a total revenue of A$8 mln ($5.37 mln), up 10%
on prior corresponding period
    ** Stock hits its highest level since Sept 16
    ** Software firm's stock down 4.2% YTD, including current
session 

    ($1 = 1.4885 Australian dollars)

 (Reporting by Kumar Tanishk in Bengaluru)
 ((Tanishk.Kumar@thomsonreuters.com;))