The All Ordinaries Index (ASX: XAO) is pushing higher today. In afternoon trade, the widely followed index is up 0.65%.
While this is positive, some All Ords shares are performing significantly better and are crushing the index today. Here are three that are on fire:
Bigtincan Holdings Ltd (ASX: BTH)
The Bigtincan share price is up 8.5% to 57.5 cents. This morning this sales enablement software company released its first quarter update and revealed very strong growth. Bigtincan reported a 162% increase in customer cash receipts over the prior corresponding period to $37.7 million. This was also a 20% increase over its fourth quarter numbers. In light of this, management believes it is on track to achieve its FY 2023 guidance of annual recurring revenue in the range of $137 million to $143 million and revenue in the range of $123 million to $128 million.
Nitro Software Ltd (ASX: NTO)
The Nitro share price is up 10% to $1.77. This follows the release of the document productivity software company's third quarter update and takeover speculation. In respect to the former, Nitro reported a 51% increase in annual recurring revenue to US$55.2 million. This puts the company on course to achieve its FY 2022 guidance. As for the takeover speculation, Nitro confirmed that the company has received expressions of interest from a number of qualified third parties.
Weebit Nano Ltd (ASX: WBT)
The Weebit Nano share price has jumped 20% to $2.82. This morning this semiconductor company revealed that it has successfully completed the full technology qualification of its Resistive Random-Access Memory (ReRAM) module manufactured by its research and development partner CEA-Leti. The qualification, using Weebit's demo chips incorporating its ReRAM module, confirmed the suitability of Weebit's embedded technology for volume production.
