Latest news with #OVH
Yahoo
24-06-2025
- Business
- Yahoo
France's SBF 120 newcomer OVH reports 9.3% rise in Q3 revenue
(Reuters) -French cloud services provider OVH on Thursday reported a 9.35% rise in third-quarter revenue to 272 million euros ($287 million), driven by strong demand for its Public Cloud services, and reaffirmed its full-year forecast. Revenue from the Public Cloud segment grew 17%, with new customer acquisitions increasing 12%, OVH said. Its Private Cloud division also logged robust growth, with a 25% jump in new customers during the quarter, attributed to a repositioning of some offerings, CEO Benjamin Revcolevschi stated. Stock of the company, which joined France's SBF 120 index in June, has risen more than 170% year-to-date, according to LSEG data. "We are on track to exceed 1 billion euro in revenue this year," Revcolevschi said, adding, "We are at the heart of a new dynamic with the acceleration of enquiries for sovereign solutions." OVH previously highlighted the growing appetite in Europe for locally developed digital utilities, driven by rising concerns over data and infrastructure sovereignty.
CNA
24-06-2025
- Business
- CNA
France's SBF 120 newcomer OVH reports 9.3% rise in Q3 revenue
French cloud services provider OVH on Thursday reported a 9.35 per cent rise in third-quarter revenue to 272 million euros ($287 million), driven by strong demand for its Public Cloud services, and reaffirmed its full-year forecast. Revenue from the Public Cloud segment grew 17 per cent, with new customer acquisitions increasing 12 per cent, OVH said. Its Private Cloud division also logged robust growth, with a 25 per cent jump in new customers during the quarter, attributed to a repositioning of some offerings, CEO Benjamin Revcolevschi stated. Stock of the company, which joined France's SBF 120 index in June, has risen more than 170 per cent year-to-date, according to LSEG data. "We are on track to exceed 1 billion euro in revenue this year," Revcolevschi said, adding, "We are at the heart of a new dynamic with the acceleration of enquiries for sovereign solutions." OVH previously highlighted the growing appetite in Europe for locally developed digital utilities, driven by rising concerns over data and infrastructure sovereignty.
CNA
24-06-2025
- Business
- CNA
France's SBF 120 newcomer OVH reports 9.3% Q3 revenue growth
French cloud services provider OVH posted third-quarter revenue of 272 million euros ($287 million), marking a 9.3 per cent increase from the same period last year, buoyed by strong demand for its Public Cloud services. The company, which joined France's SBF 120 index in June, said its Public Cloud offering grew 17 per cent, with new customer acquisition rising 12 per cent. Its Private Cloud segment also expanded, reporting a 25 per cent increase in new customers during the quarter. OVH reaffirmed its full-year guidance.
Reuters
24-06-2025
- Business
- Reuters
France's SBF 120 newcomer OVH reports 9.3% Q3 revenue growth
June 24 (Reuters) - French cloud services provider OVH ( opens new tab posted third-quarter revenue of 272 million euros ($287 million), marking a 9.3% increase from the same period last year, buoyed by strong demand for its Public Cloud services. The company, which joined France's SBF 120 index in June, said its Public Cloud offering grew 17%, with new customer acquisition rising 12%. Its Private Cloud segment also expanded, reporting a 25% increase in new customers during the quarter. OVH reaffirmed its full-year guidance.
Yahoo
24-06-2025
- Business
- Yahoo
France's SBF 120 newcomer OVH reports 9.3% Q3 revenue growth
(Reuters) -French cloud services provider OVH posted third-quarter revenue of 272 million euros ($287 million), marking a 9.3% increase from the same period last year, buoyed by strong demand for its Public Cloud services. The company, which joined France's SBF 120 index in June, said its Public Cloud offering grew 17%, with new customer acquisition rising 12%. Its Private Cloud segment also expanded, reporting a 25% increase in new customers during the quarter. OVH reaffirmed its full-year guidance. Sign in to access your portfolio
