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Pin to quick picksAuction Technology Group Share News (ATG)

Share Price Information for Auction Technology Group (ATG)

London Stock Exchange
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Share Price: 590.00
Bid: 591.00
Ask: 593.00
Change: -5.00 (-0.84%)
Spread: 2.00 (0.338%)
Open: 578.00
High: 595.00
Low: 578.00
Prev. Close: 595.00
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Auction Technology holds guidance as revenues rise 11%

Tue, 30th Jan 2024 07:22

(Sharecast News) - Shares in Auction Technology Group soared by a fifth as the art and antique online marketplace operator said it expected annual results to be in line with expectations after an 11% increase in revenue for the first three months of the year.

The company on Tuesday said total came in at $43.9m, driven by the continued strong growth in value-added services offsetting the wider market dynamics in gross merchandise value that continued from the end of the 2023 financial year into 2024.

ATG still expects full-year organic revenue growth of 5 - 8% and adjusted core earnings margins to be maintained.

Reporting by Frank Prenesti for Sharecast.com

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Copyright 2023 Alliance News Ltd. All Rights Reserved.

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