GeoOp shares jump 11% after annual revenue beats merger document forecast

Mon, 11 Jul 2016

By Paul McBeth July 11 (BusinessDesk) - GeoOp's NZAX-listed shares climbed 11 percent after the management app developer said annual revenue beat forecast. Annual revenue rose to $4.58 million in the year ended June 30, ahead of the $4.54 million projected in an independent adviser's report on the Auckland company's merger with Australian mobile sales app developer InterfaceIT. Shareholders approved the deal in May, it completed on June 1, and GeoOp today said integration was "significantly advanced" with a number of savings already star...

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