ASX:MP1IT
Megaport (ASX:MP1) Is Up 9.6% After Upgrading FY26 Revenue on Network and Partnership Gains – What’s Changed
Megaport Limited recently reported strong fiscal year 2025 results, including Annual Recurring Revenue of A$243.8 million and the enablement of over 1,000 data centers, while also revising its fiscal year 2026 revenue projections upward.
The company's upgraded outlook is underpinned by new strategic partnerships that are expanding Megaport's global network and supporting ongoing growth initiatives.
We'll explore how Megaport's revised revenue outlook, supported by network expansion, affects...