Financial News · Live Terminal

Page 1716 of 2196

Megaport Says Unit Signs Over $25 Million Contract With US-Based Customer; Shares Up 5%

Megaport's (ASX:MP1) wholly-owned unit, Latitude.sh, signed a 36-month contract with a new US-based customer, with a total value of around $25.1 million, representing around $8.4 million in annualized recurring revenue, according to a Monday Australian bourse filing.The contract will be supported by around $12.2 million in incremental capital expenditure on CPU servers, the filing said.The company said it placed an order for the hardware, with delivery expected in fiscal 2026 and deployment to occur on a phased basis commencing in the first half of fiscal 2027 in line with customer requirements.The company reaffirmed its previously provided fiscal 2026 revenue guidance of AU$302 million to AU$317 million.Megaport's shares rose 5% in recent trading on Monday.

Financial News · Live Terminal

Megaport Says Unit Signs Over $25 Million Contract With US-Based Customer; Shares Up 5%

Hongqiao Aluminum's Profit Jumps 38%, Revenue Up 3%

Cofoe Medical Technology Seeks Up to HK$1.06 Billion in Hong Kong IPO

CMOC Group's Q1 Profit Nearly Doubles as Revenue Jumps 44%

Ping An Bank's Q1 Profit Rises 3%, Revenue Up 5%

China Jushi's Q1 Profit Surges 73.5%, Revenue Up 18%

Moore Threads Swings to Profit in Q1 as Revenue More Than Doubles

China Shenhua Energy's Profit Falls 11% in Q1; Revenue Up 1%

Japanese Stocks Edge Up on Wall Street Earnings, Despite Stalled US-Iran Talks and Hormuz Closure

Altair Minerals to Raise AU$28 Million via Share Placement; Shares Reach Near 14-Year High

Nido Education Acquires Four Child Care Services for AU$9.1 Million

Atlas Arteria Receives Unsolicited Takeover Bid From IFM

Kweichow Moutai's Q1 Profit Rises 1.5%, Revenue Up 6.5%

PLS Group Shows 'Strong' Q3 Production, 'Resilient' Pricing Through 2026, Says Jefferies

Market Chatter: Bank of Japan Expected to Hold Rates Steady

National Australia Bank Shares Down After Resolution of Union Court Proceedings

Clinuvel Pharmaceuticals Says FDA Removes Post-Authorization Requirement for Implant

XRF Scientific Completes Acquisition of Combustion Gas Analysis Business

Sprintex Raising AU$1.1 Million Via Convertible Notes Issue

Immutep Says Bank of New York Mellon Increases Stake

Megaport Says Unit Signs Over $25 Million Contract With US-Based Customer; Shares Up 5%

Hongqiao Aluminum's Profit Jumps 38%, Revenue Up 3%

Cofoe Medical Technology Seeks Up to HK$1.06 Billion in Hong Kong IPO

CMOC Group's Q1 Profit Nearly Doubles as Revenue Jumps 44%

Ping An Bank's Q1 Profit Rises 3%, Revenue Up 5%

China Jushi's Q1 Profit Surges 73.5%, Revenue Up 18%

Moore Threads Swings to Profit in Q1 as Revenue More Than Doubles

China Shenhua Energy's Profit Falls 11% in Q1; Revenue Up 1%

Japanese Stocks Edge Up on Wall Street Earnings, Despite Stalled US-Iran Talks and Hormuz Closure

Altair Minerals to Raise AU$28 Million via Share Placement; Shares Reach Near 14-Year High

Nido Education Acquires Four Child Care Services for AU$9.1 Million

Atlas Arteria Receives Unsolicited Takeover Bid From IFM

Kweichow Moutai's Q1 Profit Rises 1.5%, Revenue Up 6.5%

PLS Group Shows 'Strong' Q3 Production, 'Resilient' Pricing Through 2026, Says Jefferies

Market Chatter: Bank of Japan Expected to Hold Rates Steady

National Australia Bank Shares Down After Resolution of Union Court Proceedings

Clinuvel Pharmaceuticals Says FDA Removes Post-Authorization Requirement for Implant

XRF Scientific Completes Acquisition of Combustion Gas Analysis Business

Sprintex Raising AU$1.1 Million Via Convertible Notes Issue

Immutep Says Bank of New York Mellon Increases Stake