OVHCloud hikes full-year revenue target after strong Q3

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
French cloud services provider OVHcloud on Thursday raised its full-year revenue growth objective, as commercial momentum especially in its enterprise segment boosted third-quarter sales.
Europe's leading cloud provider now expects its revenue to grow 16-18 per cent in the twelve months to Aug. 31, compared with its earlier estimate of 15-17 per cent.