NZ's Serko sees best day in about 1-1/2 years on upgrading FY outlook

Serko

22/01/2023 22:15

** Shares of Serko Ltd  SKO.NZ  climb as much as 8.7% to
NZ$2.250, their biggest intraday pct gain since Aug 23, 2021
    ** The business travel software maker says it is upgrading
its revenue forecast for full year 
    ** Co sees FY total income to be in the range of NZ$42
mln($27.14 mln) to NZ$47 mln
    ** Says it expects the "strong start" to calendar year to
continue in the current quarter 
    ** Shares touch their highest level since Jan 12
    ** Volumes are 24.4x the 30-day average of 44,507 shares
    ** Stock fell ~68% in 2022
($1 = 1.5475 New Zealand dollars)
 (Reporting by Echha Jain in Bengaluru; editing by Diane Craft)
 ((Echha.jain@thomsonreuters.com))