IDT Australia Limited (AU:IDT) has released an update.
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IDT Australia Limited has reported a 70% increase in quarterly revenue to $5.2 million, marking a two-year high as it continues its strategic transformation. The pharmaceutical manufacturer attributes the growth to a significant rise in return business and new contracts worth $6.8 million, driven by high customer satisfaction and demand for advanced therapies. The company remains optimistic about exceeding the previous year’s revenue, supported by a strong pipeline of proposals.
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