Bigtincan (ASX:BTH) Hits $1 Million US Contract, Share Price On Focus

  • November 04, 2020 02:44 PM AEDT
  • Team Kalkine
    Team Kalkine
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The stock price of the Software-as-a-service (SaaS) company Bigtincan Holdings limited (ASX:BTH) has signed a new contract with a life insurance company based in Boston, John Hancock. BTH has shared that it shall generate a minimum of $1 million in revenue from this deal in three years’ time.

On 3 November 2020, the share price of BTH grew more than 5% during the morning trade hours. The Company has registered remarkable gains during the post-Covid-19 term. After losing almost 40 cents, the company shares hit an all-time high of around $1.50 prior to the fall last week.

As per the media sources, John Hancock shall be utilising Bigtincan’s financial services cloud solution to allow sales representatives to engage with customers in a more skilled and better manner.

Meanwhile, BTH stock traded at $1.135 per share, up by 3.181% with a market holding of 416.48 million at 12:40 PM AEDT.

 


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