Australia's Tesserent sees best day in over two weeks on strong Q4

Tesserent

29/07/2021 02:39

** Shares of cybersecurity services provider  TNT.AX  rise
as much as 8.9% to A$0.305, their biggest intraday percentage
gain since July 12
    ** Co reports operating EBITDA of A$3.8 mln ($2.80 mln) in
Q4, up 125.5% from the previous quarter on the back of strong
sales growth during the period  urn:newsml:reuters.com:*:nASX3CJpNr
    ** Turnover rises 81.4% to A$38.2 mln compared with the
previous quarter  
    ** Stock hits highest since July 15 
    ** About 6.3 mln shares change hands compared with a 30-day
average of 4 mln shares 
    ** Stock down 16.4% this year, as of last close 


($1 = 1.3576 Australian dollars)

 (Reporting by Tejaswi Marthi in Bengaluru)
 ((tejaswi.marthi@thomsonreuters.com))