Siteminder Narrows Fiscal H1 Loss as Revenue Rises

MT Newswires Live
02-26

SiteMinder (ASX:SDR) reported Wednesday that its loss per diluted share in the fiscal first half narrowed to AU$0.05 from a loss of AU$0.06 per diluted share a year earlier.

Analysts polled by Visible Alpha expecting a loss per dilted share of AU$0.03.

Revenue for the six months ended Dec. 31, 2024 was AU$104.5 million, up from AU$91.7 million in the same period a year earlier. Analysts surveyed by Visible Alpha expected AU$110.4 million.

The travel technology firm said its targeting 30% organic annual revenue growth in the medium term.

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