Australia's Openpay hits near 6-week high on upbeat Q3

Openpay

05/04/2022 02:28

** Shares of Openpay Ltd  OPY.AX  gain as much as 11.4% to
A$0.390, their highest since Feb. 24
    ** The buy-now-pay-later (BNPL) firm posts a revenue of
A$7.5 mln ($5.66 mln) for Q3 FY22, up 62% on prior corresponding
period  urn:newsml:reuters.com:*:nL5N2W25S3
    ** Adds that its quarterly active customers from Australia
and New Zealand rose 23% to 313,000 versus the same period last
year
    ** Shares see best session since March 9 - if gains hold
    ** Stock is down 51.4% this year, as of last close

($1 = 1.3261 Australian dollars)

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