The Straker (ASX:STG) share price is rocketing 13% today

The Straker Translations Ltd (ASX: STG) share price is rocketing higher today after the company released its quarterly activities report.

The Straker share price is up a hefty 13.55% at the time of writing, trading at $1.76 per share.

Straker is a cloud-enabled translation services provider, involved in both business and personal translation. Let’s see what’s driving its share price so much higher today.

Straker’s continued growth

Straker reported $9 million in unaudited revenue for its March quarter results, up 19% sequentially on the previous December quarter. Its FY21 revenue was up 31% on the previous year to $31.3 million, while its acquisition of translation service Lingotek has brought in $1.9 million in two…