Australia's Xpon Technologies rises on quarterly revenue growth

XPON Technologies

22/07/2024 02:14

** Shares of Xpon Technologies  XPN.AX  rise as much as
16.7% to A$0.014, set to gain most since July 11, if current
trend holds
    ** The AI marketing tech co records quarterly revenue of
A$2.5 mln ($1.67 mln), up 18% Y-O-Y growth
    ** Stock hits its highest level since July 12
    ** Stock down 40% this year, as of last close

   ($1 = 1.4950 Australian dollars)

 (Reporting by Rajasik Mukherjee in Bengaluru)
 ((Rajasik.Mukherjee@thomsonreuters.com;))