TechnologyOne Shares Jump on Strong FY24 Results

Nov 19, 2024

Enterprise software company TechnologyOne Limited (ASX: TNE) surged 6.7% after reporting a 15% increase in full-year net profit to AU$118 million and a 17% rise in revenue to AU$515.4 million at the time of writing. The company also declared a full-year dividend of 22.45 cents per share, reflecting its robust financial performance. Shares traded at AU$29.52, up 10.31%, as investors reacted positively to the strong results and optimistic outlook.

 

 

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