Appen share price jumps again after Q4 update — here’s what investors watch next
Appen shares jumped 24% to A$1.75 on Friday, extending a two-day rally after its December-quarter update showed revenue rose to $73.4 million and underlying EBITDA hit $13.3 million. Trading volume fell to 11.4 million shares from 29.1 million the previous day. Generative AI projects made up 44.1% of Q4 revenue. The company ended the quarter with $59.8 million in cash.