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BRIEF-Xero says H1 FY17 ‍operating revenue NZ$187.8 mln
November 8, 2017 / 11:40 PM / a month ago

BRIEF-Xero says H1 FY17 ‍operating revenue NZ$187.8 mln

Nov 9 (Reuters) - Xero Ltd:

* H1 FY17 ‍operating revenue NZ$187.8 million​, up 37 percent‍

* Net loss after tax for half year improved to $21.1 million from loss of $43.9 million over H1 FY17​

* Established a NZ$100 million stand-by debt facility, with BNZ and ANZ banks​

* “‍Cash usage in FY18 is forecast to reduce from FY17”​

* All figures in NZ$‍‍​ Source text for Eikon: Further company coverage: (bangalore.newsroom@thomsonreuters.com)

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