ASX-listed Volpara Health Technologies up most in 2 weeks on new contract

Volpara Health Technologies

09/03/2023 03:13

** ASX-listed shares of Volpara Health Technologies  VHT.AX 
rise as much as 3.8% to A$0.680, their biggest intraday pct gain
since Feb 21
    ** New Zealand-based medical services provider says new
contract with Sutter Health for Risk Pathways product represents
an additional $900,000 in total contract value over 3 years
    ** Says new order expands existing contracted annual
recurring revenue to $374,000
    ** Adds, installation of Risk Pathways likely in the next 6
months
    ** Says contract expected to contribute to revenue growth in
FY24 
    ** Stock has risen about 25% this year, as of last close

    

 (Reporting by Echha Jain in Bengaluru)
 ((Echha.jain@thomsonreuters.com))