AI contract catalyst: Bell Potter's upgrade followed TechnologyOne securing an AI-integrated university deal, seen as a driver for recurring revenue growth. Valuation gap: At $27.99, shares trade ...
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Why are TechnologyOne shares crashing 15% today?
TechnologyOne Ltd (ASX: TNE) shares are under heavy pressure on Tuesday. At the time of writing, the ASX 200 tech stock is down 15% to $29.97. Investors have been selling the enterprise software ...
Net profit after tax jumped 6 per cent to $66.8m in the six months to March 31. ARR vaulted 17 per cent to $598m after it signed up a raft of new councils and universities, particularly in the UK ...
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