Megaport Ltd
MP1: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$49.10 | Phz | Pgwjwrvqr |
Megaport Earnings: Good News Keeps Getting Better as Firm Announces Strong Guidance
After releasing fourth-quarter results last month, Megaport issued full fiscal 2023 financials and 2024 guidance on Aug. 22 and yet again excited investors. While guidance unsurprisingly implies that revenue growth will decelerate from the 40% level of the past two years, the swing to profits the firm now expects is even larger than we previously projected.