March quarter results shoot Zip Co (ASX:Z1P) shares up

13Apr

March quarter results shoot Zip Co (ASX:Z1P) shares up

 

Payment solutions provider Zip Co (ASX:Z1P) has reported March quarter revenue of over $114 million, indicating an 80 per cent rise year on year.

The company’s American subsidiary, Quadpay led the charge with a revenue growth of 188 per cent, raking in $54.5 million. Meanwhile, Zip Co Australia recorded a 10 per cent increase in revenue in the quarter.

Shares in Zip Co (ASX:Z1P) jumped 9.7 per cent to $9.13 by 12pm on Tuesday. 
Copyright 2021 – Finance News Network


Source: Finance News Network

Share this post

Related Posts

22Jan

CIMIC Group’s (AXS:CIM) UGL secures $180m in mining contracts

22 Jan 2020 - CIMIC Group (AXS:CIM) company UGL has secured contracts worth around $180 million to provide maintenance, shutdown and project services for its clients in the mining sector.

Read More
05Nov

Nouryon Chemicals has awarded a Master Services Agreement to Worley (ASX:WOR)

05 Nov 2019 - Nouryon Chemicals B.V. has awarded a Master Services Agreement (MSA) to Worley (ASX:WOR) to provide engineering, procurement and construction management (EPCM) services.

Read More
03Nov

Stocks of the Hour: Rhythm Biosciences, The a2 Milk Company, Norfolk Metals

03 Nov 2022 - A snapshot of the stocks on the move featuring Rhythm Biosciences (ASX:RHY), The a2 Milk Company (ASX:A2M) and Norfolk Metals (ASX:NFL).

Read More
07Jul

Stocks of the Hour: GreenTech Metals, Golden Deeps, Noble Helium

07 Jul 2023 - A snapshot of the stocks on the move, featuring GreenTech Metals, Golden Deeps and Noble Helium.

Read More
28Apr

Stocks of the Hour: Suncorp, Westpac & JB Hi-Fi

28 Apr 2021 - A snapshot of the top stock news for the hour, featuring Suncorp Group (ASX:SUN), Westpac (ASX:WBC) & JB Hi-Fi (ASX:JBH)

Read More
19Mar

Telstra (ASX:TLS) to sell Spacetalk (ASX:SPA) Adventurer devices

19 Mar 2021 - Telstra (ASX:TLS) will soon sell Spacetalk (ASX:SPA) Adventurer devices across all its retail stores and online channels in Australia.

Read More
10Apr

Vodafone (ASX:TPG) 4G black-out affects thousands

09 Apr 2021 - Thousands of Vodafone customers have been shut out of the Internet, while many have not been able to access the telephone network.

Read More
13Sep

Proposal for Virgin Australia and Virgin Atlantic cooperation

13 Sep 2019 - The ACCC has issued a draft determination proposing to authorise Virgin Australia (ASX:VAH) to more closely cooperate with Virgin Atlantic on flights between Australia and the UK and Ireland, via Hong Kong, Los Angeles and any other future mutual connecting points.

Read More
19Mar

Coles (ASX:COL) pledges to go 100% renewable electricity by 2025

19 Mar 2021 - Coles Group (ASX:COL) has pledged to go 100 per cent renewable by 2025.

Read More
24Dec

Ventia, a 50:50 investment partnership with Cimic (ASX:CIM), signs an agreement to buy Broadspectrum

24 Dec 2019 - Infrastructure services company, Ventia, a 50:50 investment partnership with Cimic (ASX:CIM) has signed an agreement with Ferrovial S.A. to purchase Broadspectrum.

Read More