Australia's Xref jumps most in 3 months as quarterly sales soar

Xref

27/01/2022 02:26

** Shares of HR technology developer Xref Ltd  XF1.AX  rise
as much as 12.7% to A$0.80, heading for their best session since
Oct. 29, 2021
    ** Co reports quarterly sales of A$4.6 mln ($3.26 mln), a
71% y/y increase due to acquisition of new clients  urn:newsml:reuters.com:*:nASX2sK2g8 
    ** Both new business demand and current client usage during
the holiday season have been unprecedented and suggest that Q3
and Q4 performance will be strong - CEO Lee-Martin Seymour 
    ** About 239,000 shares change hands, more than twice the
30-day average of 115,000 shares 
    ** XF1 has added 4.4% this year, as of last close 

($1 = 1.4130 Australian dollars)

 (Reporting by Harshita Swaminathan in Bengaluru)
 ((Harshita.Swaminathan@thomsonreuters.com))