June 19 (Reuters) - rhipe Ltd RHP.AX :
* UPGRADES OPERATING PROFIT GUIDANCE FOR 2019 FINANCIAL YEAR (FY19) TO $12.5M+
* ESTIMATES GUIDANCE FOR FY20 TO ABOUT $16 MILLION IN OPERATING PROFIT
* DECIDED TO CONTINUE INVESTING IN BUSINESS DURING FY20 WITH AN EXPANSION IN OPERATING EXPENSES