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XF1 — Xref News Story

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IndustrialsSpeculativeMicro CapContrarian

Australia's Xref hits over 2-year high on strong Q1 performance

** HR technology developer Xref Ltd  XF1.AX  jumps as much
as 13.5% to A$0.59 – highest since July 1, 2019
    ** Stock posts its biggest intraday percentage gain since
July 6
    ** Co posts 126% jump in Q1FY22 sales to A$5.4 mln ($3.93
mln) and 77% rise in revenue to A$$3.9 mln  urn:newsml:reuters.com:*:nASX994RzP
    ** About 883,000 shares change hands, compared with the
30-day average volume of 197,000 shares
    ** Stock has risen 42.5% this year, as of last close

($1 = 1.3727 Australian dollars)

 (Reporting by Aditya Munjuluru in Bengaluru)
 ((aditya.srivastsav@thomsonreuters.com))

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