Business
Macquarie Telecom (ASX:MAQ) share price on watch with more growth in HY21
The Macquarie Telecom Group Ltd. (ASX: MAQ) share price will be on watch tomorrow after the telecommunications business released its FY21 half-year result.
This is a diversified technology business. It generates earnings from data centres, cloud, cybersecurity and telecommunications. The clients are mid to large business and government customers.
How did Macquarie Telecom do in the FY21 half-year result?
Looking at the top line, revenue increased by 9% to $143.6 million.
All business units grew revenue. Macquarie Telecom said that it achieved particularly strong growth in cloud services and government. It also revealed that the data centres business…
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