🟢 Megaport is trading 9.4% up today after A$978.6 million in AI infrastructure contracts

Megaport is trading at A$20.63, up 9.44%, after announcing three AI infrastructure contracts worth A$978.6 million.

• In its September 29 update, the contracts were through Latitude.sh and are expected to add A$232.4 million in annual recurring revenue once deployed.
• Megaport raised FY27 revenue guidance to A$720 million–A$810 million, from A$620 million–A$730 million. Reuters reported shares rose after the deals and higher forecast; the provided major indices were flat.