France's SBF 120 newcomer OVH reports 9.3% Q3 revenue growth
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FILE PHOTO: The logo of French cloud computing company OVHcloud is seen on a data center building in Strasbourg, France, October 13, 2021. REUTERS/Christian Hartmann/File Photo
(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.
(Reporting by Leo Marchandon; Editing by Tom Hogue)
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