Business
After a 35% jump, is the WiseTech share price overvalued? – Motley Fool Australia
The WiseTech share price rocketed 34.5% higher yesterday after a bumper earnings result, but is the tech company still a buy?
The WiseTech Global Ltd (ASX: WTC) share price rocketed 34.5% higher yesterday, but is the Aussie tech share overvalued?
Why did the WiseTech share price surge 35%?
The big factor was a bumper full-year earnings result from the logistics software company.
Total revenue for WiseTech grew to $429.4 million, up by 23% on the prior year. That included a 20% jump for its CargoWise core platform with revenue from newly acquired businesses up 29% to $166.4 million.
Earnings before interest, taxes, …
-
Noosa News10 hours agoTeenage girl dies in hit-and-run, police hunt for ute
-
Noosa News12 hours agoTeenage girl killed in alleged hit-and-run at Margate north of Brisbane
-
Noosa News5 hours ago‘Beyond devastated’ Brisbane family learn missing German shepherd Arnie found dead in back of stolen car
-
Noosa News5 hours agoArnie the dog found dead in stolen ute after week of searching