Australia's RPMGlobal rises on better results and outlook

RPMGlobal Holdings

03/10/2023 01:23

** Shares of RPMGlobal Holdings  RUL.AX  rise as much as
4.7% to A$1.565, their highest since Sept. 4
    ** Mining software solutions provider says its total
contracted value from software sales was A$13.2 mln ($8.40 mln),
up from A$5.2 mln, a year earlier
    ** Sees total revenue for FY24 now in the range of A$107 mln
to A$112 mln, previously from A$105 mln to $110 mln range
    ** Co sees FY24 profit before tax now between A$13.5 mln to
A$15 mln, above the previous range of A$12.5 mln to A$14 mln
    ** Stock down 14.6% YTD as of last close
 


($1 = 1.5718 Australian dollars)

 (Reporting by Ayushman Ojha in Bengaluru)
 ((Ayushman.ojha@thomsonreuters.com;))