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Megaport Ltd. Reports Strong Q3 Financials
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Megaport Ltd. Reports Strong Q3 Financials

Megaport Ltd. (AU:MP1) has released an update.

Megaport Ltd. has reported a positive net cash flow of $13.4M in the third quarter of FY24, bolstered by a one-time receipt of $5.5M and demonstrating a significant improvement from the previous year’s $8.5M net cash outflow. Excluding this one-off item, the adjusted net cash flow remained strong at $7.9M. This reflects the company’s ongoing operational efficiency and financial growth.

For further insights into AU:MP1 stock, check out TipRanks’ Stock Analysis page.

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