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NEXTDC Shares Jump After Data Center Operator Wins New Contracts

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NEXTDC Shares Jump After Data Center Operator Wins New Contracts NEXTDC Ltd. shares advanced after the Brisbane-based data-center operator said it had won new customer contracts, bolstering its contracted utilization by 11% in the three months to June. The stock rose as much as 5%, the most since July 15, after pro-forma contracted utilization increased to 740 megawatts during the period, according to an exchange filing. The pro-forma forward order book has increased to 565 megawatts as a...

NEXTDC Shares Jump After Data Center Operator Wins New Contracts NEXTDC Ltd. shares advanced after the Brisbane-based data-center operator said it had won new customer contracts, bolstering its contracted utilization by 11% in the three months to June. The stock rose as much as 5%, the most since July 15, after pro-forma contracted utilization increased to 740 megawatts during the period, according to an exchange filing. The pro-forma forward order book has increased to 565 megawatts as a result of the new contract wins, it said.
NEXTDC (ORG) Data Center Operator Wins New Contracts (ORG) Data Center Operator Wins New Contracts NEXTDC Ltd. (ORG) Brisbane (LOCATION)
Originally published by Bloomberg Technology Read original →