Australia's Limeade surges on robust FY22 outlook

Limeade

30/08/2022 02:01

** Australia's software firm Limeade  LME.AX  jumps as much as
4.2% to A$0.250
    ** Co expects FY22 proforma revenue of $55 million- $58
million and a proforma adjusted EBITDA loss of $6-$8 million
 urn:newsml:reuters.com:*:nFWN30519Y
    ** LME expects to see an increase in new contract signings
in the second half of the year 
    ** LME jumps for two straight sessions after slipping for
four consecutive days 
    ** Stock down 48.9% this year as of last close, vs a 6.4%
decrease in the benchmark S&P/ASX 200 index  .AXJO  


 (Reporting by Roushni Nair in Bengaluru)
 ((Roushni.Nair@thomsonreuters.com;))