Australia's Tesserent up on contract win

Tesserent

20/12/2022 01:49

** Shares of Tesserent Ltd  TNT.AX  rise as much as 6.1% to
A$0.105 - hits its highest level since Nov. 23
    ** Cybersecurity provider says State Library of Queensland
has awarded a contract to co for delivery of a secure digital
archiving solution
    ** Says contract to support storage, preservation, and
access to Queensland’s library collection is worth about A$3 mln
($2.01 mln) over 5 years
    ** TNT posts 35% jump in turnover to A$70 mln for the 5
months ended Nov. 2022 compared to prior comparative period
    ** TNT is down 41.8% this year, as of last close
($1 = 1.4950 Australian dollars)
 (Reporting by Ayushman Ojha in Bengaluru)
 ((Ayushman.ojha@thomsonreuters.com))