Business
NEXTDC (ASX:NXT) share price on watch after strong half and guidance upgrade
All eyes will be on the NEXTDC Ltd (ASX: NXT) share price on Thursday.
This afternoon the data centre operator released its half year results following the market close.
How did NEXTDC perform in the first half?
NEXTDC was a very strong performer during the first half thanks to the accelerating shift to the cloud. This has led to a sharp increase in demand for capacity at its data centres.
For the six months ended 31 December, NEXTDC reported a 27% increase in data centre services revenue to a record $121.6 million.
This was underpinned by a 33% lift in contracted utilisation to 71MW, a 16% lift in customers, and a 16% rise in interconnections.
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