NextDC shares jump 7% on new contract wins
Make us a preferred source
Make us a preferred source on Google
The news: Shares in NextDC have climbed 7% by midday, after the data centre operator announced new contract wins.
The numbers: The $8 billion data centre operator announced its pro-forma utilisation increased by 90MW, or 30%, to 412MW since 1 December.
The update sees its pro-forma forward order book expand to 301MW, and is expected to convert to earnings through to FY29. Guidance for FY26 net revenue, underlying EBITDA and capex remains unchanged.
The source: ASX
