Australia's Xref soars most in 2 months on upbeat quarterly results

Xref

05/01/2022 24:29

** Shares of Xref Ltd  XF1.AX  jump as much as 10.5% to
A$0.74, the biggest gain since Oct. 29 
    ** HR technology developer says its second-quarter sales
rose 71% to A$4.6 mln ($3.33 mln) and revenues jumped 65% to
A$4.3 mln  urn:newsml:reuters.com:*:nGLF7QKD4m
    ** Co expects Q3 and Q4 performance to be strong as new
business demand and current client usage during the holidays has
been unprecedented
    ** Stock hits highest since Nov. 4 
   

($1 = 1.3808 Australian dollars)

 (Reporting by Navya Mittal)
 ((Navya.Mittal@thomsonreuters.com;))