Australia's Livetiles sees best day in 8 months on upbeat earnings

Livetiles

24/02/2022 03:36

** Shares of Livetiles Ltd  LVT.AX  surge as much as 16.4%
to A$0.085, on course for best day since early July
    ** The workplace software maker posts HY net profit of A$1.3
mln ($935,090.00) vs loss of A$21.5 mln last year  urn:newsml:reuters.com:*:nFWN2UY1L3
    ** Adds that HY revenue grew 32% to A$26.7 mln 
    ** Stock hits highest since Feb 3
    ** More than 5.9 mln shares change hands, 5 times the 30-day
average volume of nearly 1.2 mln shares
    ** Stock has fallen 27% this year, as of last close


($1 = 1.3902 Australian dollars)

 (Reporting by Archishma Iyer)
 ((Archishma.Iyer@thomsonreuters.com;))