Australia's SiteMinder posts record intraday gain after results impress

SiteMinder

27/08/2025 03:03

** Shares of SiteMinder SDR.AX rise as much as 31.6% to A$7.170, their biggest intraday pct gain

** The hotel platform provider posts a 30.6% jump in annualised recurring revenue (ARR), which stood at A$273.0 million ($177.40 million) for the year

** Co posts higher ARR on the back of strong property additions

** About 3.2 million shares change hands, nearly 4 times the 30-day average of 817,208

** YTD, shares up 13.4%

   ($1 = 1.5389 Australian dollars)

 (Reporting by Nichiket Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com))