Lightning growth of cloud market strikes gold for OVHcloud in Q1

The global cloud services group saw strong figures across Europe and the US

Kelsey Rees
clock • 2 min read
Lightning growth of cloud market strikes gold for OVHcloud in Q1

French hyperscaler OVHcloud has posted its first quarter fiscal 2022 results for the period ended 30 November 2021. Its Q1 revenues managed to beat market expectations, growing 13.9 per cent to €187.2m. "With a 13.9 per cent increase in revenue compared to the previous fiscal year, this first quarter confirms the group's ability to implement an ambitious strategy, which allows us to accelerate our growth trajectory," said OVHcloud CEO, Michel Paulin. "These results reflect the signature...

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