OVHcloud Reports First Positive Levered Free Cash Flow Since IPO
OVHcloud said levered free cash flow turned positive for the first time since its 2021 listing. Revenue rose 7.2% to €1.15 billion in the financial year through August.
French cloud operator OVHcloud (EURONEXT:OVH) posted its first positive levered free cash flow since its 2021 listing, the company reported Tuesday. Revenue rose 7.2% to €1.15 billion ($1.29 billion) in the financial year through August. The milestone means OVHcloud now covers its heavy capital…