NEXTDC Cuts 2027 Earnings Outlook After Melbourne Power Delay
NEXTDC cut its 2027 revenue and earnings forecasts after delayed grid upgrades in Melbourne postponed delivery and billing of contracted capacity at its M3 data centre. The outlook range is truncated in the supplied body.
Australia's NEXTDC ASX:NXT on Wednesday cut its 2027 revenue and earnings forecasts as delays to grid upgrades in Melbourne deferred the delivery and billing of contracted capacity at its M3 data centre.The data centre operator now expects net revenue of A$475 million ($332.41 million) to A$500 mil…