Salem Radio Network News Friday, January 21, 2022

Science

France’s OVHcloud on track for full-year targets

(Reuters) – French cloud computing company OVHcloud reported on Wednesday a rise of 13.9% in first-quarter revenues, adding that it was on track to achieve its full-year objectives.

The newly-listed cloud services provider posted revenues of 187.2 million euros ($212.92 million) for the period, up from 164.3 million a year earlier.

OVHcloud confirmed for 2022 a previous estimate of revenue growth in the upper half of its initial target range of 10% to 15%.

($1=0.8792 euros)

(Reporting by Juliette Portala; Editing by Clarence Fernandez)

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