Pushpay expects to reach $100M annual revenue target early; shares jump to record high

Tue, 12 Apr 2016

By Tina Morrison April 13 (BusinessDesk) - Pushpay Holdings, the mobile payments app developer, expects to reach its target of $100 million of annualised committed monthly revenue six months early as it expands its product offering and narrows its focus to larger customers. The shares rose to a record. It increased its ACMR 108 percent to $29.1 million in the six months ended March 31 compared with the previous six-month period through Sept. 30, 2015, and ahead of its target for the period of $28 million, the Auckland-domiciled, Redmond,...

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