The LiveHire Ltd (ASX: LVH) share price has performed well today, rising almost 4% to 57 cents.
Today's gain means the talent technology company's shares have gained 67% year-to-date.
Why are they higher today?
This morning LiveHire provided the market with its latest quarterly update.
According to today's release, the company delivered a 33% quarter-on-quarter increase in cash receipts to $330,000.
This was the result of strong growth in its Talent Community Connections. Connections grew to 362,130 during the quarter, up 20.7% on the previous quarter.
Pleasingly, the company finished the quarter with $17.75 million in cash at the bank and zero debt.
Earlier this year one Motley Fool contributor named LiveHire as a small-cap share to watch. You can read about it here.
