OVHcloud posts revenue growth of nearly 14% in fiscal Q1, confirms FY targets

Wednesday 12 January 2022 | 10:33 CET | News
France-based cloud provider OVHcloud generated revenues of EUR 187.2 million for the fiscal quarter that ended on 30 November, up 13.9 percent year-on-year on a reported basis. The growth rate was 13.5 percent when excluding the impact of the fire incident at OVHcloud's data centre in Strasbourg, and adjusting for scope/currency movements. The company said that its performance was in line with expectations and confirmed the full-year financial guidance issued in mid-November, as well as its medium term objectives.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Categories: Fixed / Internet
Companies: OVHcloud
Countries: France / World
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Last week in telecoms: Fastweb and Iliad advancing in Italy, BT Sport ready for sale

Published 17 Jan 2022 12:46 CET | Europe
The Italian market was in the news this week, with Fastweb outlining its investment plans and Iliad preparing to enter the fixed ...

Wrap-up week 2: VodafoneZiggo's grote herfinanciering, FastWeb en Iliad voorwaarts in Italië, BT wil BT Sport verkopen

Published 17 Jan 2022 12:19 CET | Europe
VodafoneZiggo is bezig met een grote herfinanciering en wil dat deze week afronden. Fastweb claimt een steeds grotere rol op de ...

OVHcloud agrees European-wide partnership with Bechtle

Published 10 Dec 2021 17:08 CET | Europe
OVHcloud said that it has signed a multi-year European-wide strategic agreement with Germany-based IT group Bechtle. The two ...

OVHcloud and Sopra Steria announce international expansion of joint service offering

Published 09 Dec 2021 10:37 CET | Europe
France-based cloud provider OVHcloud has strengthened its ties with ICT group Sopra Steria to help clients in their digital ...

OVHcloud provides hosted private cloud services to EDF Renouvelables

Published 02 Dec 2021 10:30 CET | France
OVHcloud said that its hosted private cloud offering has been selected by EDF Renouvelables, the subsidiary of energy group EDF ...

Atos, OVHcloud partner on sovereign cloud services in France

Published 25 Nov 2021 12:11 CET | France
Atos and OVHcloud are expanding their partnership to provide a sovereign cloud platform for large organisations in France. This ...

OVHcloud guides for double-digit revenue growth as data centre fire dents FY results

Published 17 Nov 2021 09:21 CET | World
France-based cloud provider OVHcloud generated revenues of EUR 663 million for the fiscal year that ended on 31 August. The ...

OVHcloud expands security, data privacy certifications to most cloud offerings

Published 10 Mar 2021 13:47 CET | World
OVHcloud has been awarded new certifications in information security and data privacy, having achieved compliance with the ...