NextDC (NXT)

David Boyle

Senior Equity Analyst

6 am 18 November 2020


Prior close: $12.25

A rocky AGM but growth still on track

NextDC (NXT) held its AGM on Friday. The company reiterated previous guidance for FY21, pointing to revenue and EBITDA growth expectations of greater than 20%. There was also some broad commentary on what NXT expects trends in data usage to look like over the medium term, and what the company is doing to take advantage of this.

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