Articles On Megaport (ASX:MP1)

Summary The total revenue for Q1FY21 of Megaport Ltd (ASX:MP1) reported an increase of 2% Q-o-Q to $17.3 million during the September quarter. The company added 566 new Ports and 138 new customers during the quarter. The total Data cen...

IT services provider Megaport (MP1) has reported an increase in total ports and customers for the September quarter; Total ports increased by 10 per ...

The S&P/ASX 200 Index (ASX: XJO) finished 0.12% higher today, ending at 6,192 points. Here are some of the highlights from the ASX today: Megaport Ltd (ASX: MP1) Megaport reported its first quarter of FY21 to investors today. It said...

At lunch on Wednesday the S&P/ASX 200 Index (ASX: XJO) is fighting hard to stay in positive territory. The benchmark index is currently up a fraction to 6,185 points.  Here’s what has been happening on the market today: Big four banks...

In late morning trade the S&P/ASX 200 Index (ASX: XJO) has bounced back from yesterday’s decline and is pushing higher. At the time of writing, the benchmark index is up 0.2% to 6,196.6 points. Four shares that have failed to follow th...

21 Oct 2020 - Megaport (ASX:MP1) reports record quarterly growth in both customers, up 7 per cent and Ports, up 10 per cent in 1Q FY21, driven by strong demand in North America.

Megaport Ltd (ASX: MP1) has released its trading update for the first quarter of FY21. The Megaport share price is down 6%. Megaport is an interesting business. It enables businesses to connect with data centres, to switch between data cent...

In morning trade the Megaport Ltd (ASX: MP1) share price is dropping lower following the release of its first quarter update. At the time of writing the leading elastic interconnection services provider’s shares are down 4% to $16.07. How...

Shares in insurance software developer FINEOS Corporation Holdings plc (ASX: FCL) have soared almost 90% higher so far this year. Despite the market challenges posed by the COVID-19 pandemic, FINEOS has managed to achieve a number of impre...

Is it a good idea to stay invested in an ASX share after its share price goes on a strong run? I think the decision to sell is a much harder choice than buying. Buying is usually pretty easy – you just pick an investment you think could do...

How to position portfolios for a potential (but not certain) vaccine is currently front of mind here at Montgomery. A vaccine feeds into the ‘reopening’ theme as well as the narrative about a broader economic recovery and companies that are...

2020 has been an exciting year for anyone following the Pointerra Ltd (ASX: 3DP) share price. Although the company has seen significant growth in the value of its contracts, the majority of the growth I am referring to is, of course, its va...

If you’re looking to add a few growth shares to your portfolio in October, then I think the three listed below could be top options. I believe all three are well-positioned to deliver solid earnings growth in the future and could generate...

ASX tech shares are hot property right now but I think it pays to be selective. Much of the focus has been on the ‘WAAAX’ shares like Afterpay Ltd (ASX: APT) and Xero Limited (ASX: XRO). However, there are more tech companies that are doin...

The S&P/ASX 200 Index (ASX: XJO) and All Ordinaries Index (ASX: XAO) are starting to look firmer following recent weakness in ASX tech shares and a broad-based sell off in the Nasdaq. This could be a window of opportunity to explore so...

On Tuesday I looked at a few small cap shares which I think could be top options for investors. But if small caps are a little too high risk for your liking, you might want to take a look at the mid cap shares listed below. I believe these...

ASX tech shares have proved to be among the most resilient stocks to own throughout the COVID-19 global pandemic. There has of course been the much publicised surge in the Afterpay Ltd (ASX: APT) share price, buoyed by the consumer trend t...

Trying to pick the next hot growth company is hard – particularly during a once-in-a-century global pandemic. How are you supposed to predict which ASX shares are going to light up the market when you can’t even be sure of what the world w...

TPG Telecom (TPG), Alliance Aviation Services (AQZ), Megaport (MP1), Home Consortium (HMC) and Breville Group (BRG).

Are you wanting to make a few additions to your portfolio in September? If you are, I would suggest you consider one or two of the five ASX shares listed below. I think all five could be great long term options for investors. Here’s why I...

Global network provider Megaport (ASX:MP1) has been a key beneficiary of the shift to working from home, connecting organisations to the cloud, ...

Gary Rollo joined Chris Scott and Matthew Kidman on Livewire’s Buy Hold Sell to discuss companies developing products for the needs of a large population. Three small caps with exposure to this thematic include City Chic Collective, Megapor...

Wednesday saw the S&P/ASX 200 Index (ASX: XJO) drop by 2.15% with large scale falls throughout the market. Moreover, the buy now, pay later (BNPL) sector was particularly hard hit with Sezzle Inc (ASX: SZL) the biggest loser. Sezzle sa...

The S&P/ASX 200 Index (ASX: XJO) fell by 2.15% today to 5,879 points. It has been a tough September so far for share market investors. The NASDAQ has dropped by around 10% over the past week. This is hurting the local Australian share...

The ASX tech sector has dropped this morning after the NASDAQ 100 (NDX) fell overnight. The Afterpay Ltd (ASX: APT) share price is down 5.2%. There has been broad declines as investors push the sell button. Keep in mind that some ASX shares...

Along with our Top ASX Stock Picks for September, we also asked our Foolish writers to pick their favourite ASX growth shares to buy this month. Here is what the team have come up with… Daniel Ewing: WISR Ltd (ASX: WZR) Wisr offers an al...

Last month’s reporting season turned out to be less frightful than many were expecting. But I think the ASX small caps delivered better results than those in the S&P/ASX 200 Index (Index:^AXJO). ASX stocks at the smaller end of the mar...

By Peter Switzer, Switzer Report With reporting season done and dusted, I’ve asked some of my most respected market watchers to give us the one stock they want to hold going forward. I won’t muck around giving qualifications, but I will sim...

We asked our Foolish writers to pick their favourite ASX stocks to buy in September.  Here is what the team have come up with… Daniel Ewing: Adairs Ltd (ASX: ADH) Adairs is my pick for the month of September – it has been a massive benef...

It may be really tricky to invest in ASX shares during these uncertain times. A share price is meant to represent the prospects of a business for the foreseeable future. Many share prices are riding high, yet there’s still a lot of uncerta...

I think there are a number of quality mid cap ASX shares for investors to choose from on the S&P/ASX 200 Index (ASX: XJO) index right now. Two which I believe could be great long term buy and hold options are listed below. Here’s why I...

It has been a reasonably subdued start to the week for the S&P/ASX 200 Index (ASX: XJO). Although it is up modestly this afternoon, for most of the day the benchmark index has been trading largely flat. But that hasn’t stopped a group...

It has been a strong day on the ASX for a number of ASX tech shares, with some impressive share price gains. Australia’s ASX tech sector has grown rapidly over the past five years.  Let’s take a closer look at 4 ASX tech shares that have s...

5G Networks Ltd (ASX: 5GN) is a telecommunications carrier operating across Australia, engaged in the supply of cloud-based solutions, managed services and network services.  The company is a small cap ASX share with a market capitalisatio...

Welcome to the FNArena Corporate Results Monitor. Today's Reports: ((ASX)) - ASX Ltd ((AIA)) - Auckland International ((AD8)) - Audinate Group ((BLX)) - Beacon Lighting ((CAT)) - Catapult Group ((CHC)) - Charter Hall ((CCL)) - Coca-Cola A...

Summary Earnings season is the period where market participants are actively looking at companies that are about to release their financial results. A better-than-expected result almost always has a favourable impact on the share price....

The tech sector has been one of the top performing sectors on the ASX today. A number of ASX tech shares have surged higher, on the back of full year earnings releases that were well received by the market. Here we look at four of the thos...

The Megaport Ltd (ASX: MP1) share price is up more than 1% today in reaction to the FY20 result (after rising 10% yesterday). Megaport describes itself as a leading global provider of elastic interconnection services. It’s involved in rapid...

ShareCafeOvernight: What Virus? World Overnight SPI Overnight (Sep) 6062.00 – 7.00 – 0.12% S&P ASX 200 6123.40 + 47.00 0.77% S&P500 3389.78 + 7.79 0.23% Nasdaq Comp 11210.84 + 81.12 0.73% DJIA 27778.07 – 66.84 – 0.24%...

The Megaport Ltd (ASX: MP1) share price is pushing higher on Wednesday after the release of its FY 2020 results. At the time of writing the network as a service provider’s shares are up 1.5% to $14.82. How did Megaport perform in FY 2020?...

World Overnight SPI Overnight (Sep) 6062.00 – 7.00 – 0.12% S&P ASX 200 6123.40 + 47.00 0.77% S&P500 3389.78 + 7.79 0.23% Nasdaq Comp 11210.84 + 81.12 0.73% DJIA 27778.07 – 66.84 – 0.24% S&P500 VIX 21.51 + 0.16 0.75...

Megaport (MP1) has built the Megaport Virtual Edge (MVE), a product capable of hosting wide area network functions; With MVE, Megaport customers ...

In early afternoon trade the S&P/ASX 200 Index (ASX: XJO) is offs its highs but remains in positive territory. At the time of writing the benchmark index is up 0.1% to 6,081.3 points. Four shares that have climbed more than most today...

The Megaport Ltd (ASX: MP1) share price is on watch this morning after the network-as-a-service provider announced the upcoming release of Megaport Virtual Edge. The product innovation will allow customers to tap into Megaport’s platform t...

Since launching in September 2019, The Montgomery Small Companies Fund has outperformed its benchmark the Small Ordinaries Index by 15.16 per cent to 31 July.  The Fund’s strong run has been driven by accelerating megatrends in e-commerce,...

If you have a spare $10,000 sitting in your account, putting it to work by buying ASX shares could help you substantially increase your returns over a short amount of time. Sure, you could leave your spare change in your savings account an...

Hold onto your hats – it’s ASX reporting season! For investors, ASX reporting season rolls around twice per year. It’s that time of year when companies report their financial results, announce their dividend payments (or lack thereof) and,...

If you’re just starting out with investing, you may not have tens of thousands of dollars to invest into the share market. But I wouldn’t let that put you off starting your investment journey. This is because even small investments can gro...

This Rask Media article forms part of our series on ASX technology and software companies, which we’ve aired during August 2020. Why you want tech stocks in your portfolio Judging the way the world is coping with COVID-19, restrictions and...

ASX software small caps have seen a solid 2020 despite COVID-19 or in some cases because of the pandemic. The average software small cap has gained 21 per cent in 2020 and 11 have notched up gains above 100 per cent.   Here’s a table of ASX...