Megaport signs A$978.6 million AI infrastructure contracts, raises 2027 forecast
The Australian IT firm said the three unnamed-customer contracts are expected to add about A$232.4 million in annual recurring revenue. It now sees full-year group revenue at A$720 million to A$810 million and EBITDA margin at 42% to 44%.
78 million) and upgraded its earnings forecast for 2027. Here are some more details: The three contracts, all with unnamed customers, include GPU and CPU compute, network and storage for AI applications and inference workloads. 4 million in annual recurring revenue. 9 million in early June and marks another step in its push into AI infrastructure.
The company now sees its full-year group revenue forecast between A$720 million and A$810 million, higher than its previous expectations of A$620 million to A$730 million. EBITDA margin for the year is now expected to come in between 42% and 44%, compared with a prior forecast of 38% to 40%. com)