PGRU - PropertyGuru's Q1 Stumbles: Singapore Shines But Growth Elsewhere Sputters | Benzinga
PropertyGuru Group Limited (NYSE:PGRU) shares are trading lower after it reported first-quarter FY24 results.
Revenue grew 12% Y/Y to S$36.5 million, missing the consensus of S$37.3 million.
Marketplaces revenue increased 13% Y/Y to S$35 million in the quarter as strong results in Singapore offset a slower recovery in Vietnam and Malaysia.
By segment, Singapore Marketplaces revenue grew 25% Y/Y, Malaysia and Vietnam Marketplaces revenue both were flat Y/Y and Fintech & Data services revenue was marginally down 3% Y/Y in the ...