Megaport (ASX:MP1) see a 10 per cent rise in quarter revenue
Megaport (ASX:MP1) has reported revenue in the March quarter of $15.2 million, up 10 per cent on the previous 3 months.
Monthly recurring revenue for march 2020 rose by 19 per cent on the prior quarter to $5.4 million.
Customer numbers are 6 per cent higher to 1777.
Receipts from customers were $13.9 million whereas the previous quarter was $14 million.
Shares in Megaport (ASX:MP1) are trading 1.23 per cent lower at $12.04.
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Source: Finance News Network