Australia's SiteMinder hits nearly 29-month high on higher FY revenue

SiteMinder

31/07/2024 01:56

** Shares of SiteMinder  SDR.AX  rise as much as 8.2% to
A$5.92, their highest since March 3, 2022
    ** Stock posts its biggest intraday pct gain since July 28,
2023
    ** The accommodation platform provider says full-year
revenue increased by 26% to A$190.7 mln ($124.72 mln)
    ** Says customer properties increased by 2,900 in H2 vs a
2,500 jump in H1
    ** Stock has risen 6.6% this year, as of last close

   ($1 = 1.5291 Australian dollars)

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