:French cloud computing company OVHcloud reported on Wednesday a rise of 13.9per cent in its first-quarter revenue, and said it was on track to achieve its full-year objectives.
The group also highlighted the launch of fresh Platform-as-a-service solutions in the quarter, and an acceleration in its international expansion, particularly in the United States and Asia. OVHcloud reiterated that it is expecting its revenue growth to come in the upper half of its initial target range of 10per cent to 15per cent and an adjusted earnings before interest, taxes, depreciation and amortisation margin of around 40per cent in the 2022 fiscal year.
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