Acrow (ASX:ACF) said it secured new hire contracts of AU$14.3 million in March, a record month in its history, with its hire revenue pipeline now sitting at a record AU$256 million, up 34% on the prior corresponding period, according to a Wednesday Australian bourse filing.

The company issued initial fiscal year 2027 guidance for revenue of AU$335 million to AU$350 million and earnings before interest, taxes, depreciation, and amortization of AU$88 million to AU$98 million.

The company's shares rose 5% in recent Wednesday trade, after hitting their lowest since October 2023 earlier in the session.