Megaport Ltd (ASX:MP1) is a cloud management company connecting data centres, corporate customers and service providers. The company was founded by industry veteran Bevan Slattery in 2013.
The Megaport Ltd (ASX:MP1) share price has soared 40% after announcing its profit expectations over the next two years.
The S&P/ASX200 (INDEXASX:XJO) fell 0.7% on Thursday. Washington H. Soul Pattinson & Co. Ltd (ASX:SOL) shares were a standout, with the holding company notching up a record profit. SPI ASX 200 futures contracts are pointing down on Friday.
The Megaport Ltd (ASX:MP1) share price is down 4% after the ASX tech share reported its HY23 report and an operating profit.
Australia’s S&P/ASX 200 (INDEXASX: XJO) futures in Sydney are pointing to a strong, positive open for the Aussie market on Monday morning. The Whitehaven Coal Ltd (ASX: WHC) share price and Megaport Ltd (ASX: MP1) share price are in focus.
The S&P/ASX200 (INDEXASX: XJO) rose 0.3% on Wednesday as the Megaport Ltd (ASX: MP1) share price dived and Pilbara Minerals Ltd (ASX:PLS) share price rises.
The S&P/ASX 200 (INDEXASX:XJO) turned up again on Tuesday, led by the resources like BHP Group Ltd (ASX:BHP) and Rio Tinto (ASX:RIO) shares.
The Megaport Ltd (ASX:MP1) share price has jumped 10% higher after reporting its FY22 result which showed strong revenue growth.
The Megaport Ltd (ASX:MP1) share price is currently up 20% after the technology business revealed profit in its FY22 fourth quarter.
The EML Payments Ltd (ASX: EML) share price has tumbled 35% today after slashing revenue and profit guidance in its third-quarter trading update.
