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WiseTech share price jumps 12% on solid revenue growth and dividend – Motley Fool Australia
The WiseTech Global Ltd (ASX: WTC) share price has rocketed more than 12% this morning, following the release of the logistics solutions provider’s FY 2020 results.
The WiseTech Global Ltd (ASX: WTC) share price has shot out of the gates this morning following the release of the company’s FY 2020 results, which showed strong overall revenue growth.
Solid revenue growth despite strong COVID-19 headwinds
WiseTech reported solid revenue growth, despite the challenges of the coronavirus pandemic.
Total revenue for WiseTech grew to $429.4 million, up by 23% on the prior year. Meanwhile, earnings before interest, taxes, depreciation and amortisation (EBITDA) …
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