Australia's TechnologyOne posts 6% rise in first-half profit
18/05/2026 23:54
May 19 (Reuters) - Australia's TechnologyOne TNE.AX reported a 6% rise in its half-year profit on Tuesday, driven by the launch of artificial intelligence products and the integration of AI into its software-as-a-service offerings. The enterprise software provider reported a net profit attributable of A$66.8 million ($47.90 million) for the six months ended March, compared with A$63 million a year earlier. ($1 = 1.3945 Australian dollars) (Reporting by Jasmeen Ara Shaikh in Bengaluru; Editing by Shilpi Majumdar) ((JasmeenAraIslam.Shaikh@thomsonreuters.com;))
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