DXN (ASX:DXN) secured a contract worth AU$4.6 million with US telecommunications firm Globalstar for the design, prefabrication, and delivery of three high-specification modular data center units to Hawaii by the end of the year, according to a Monday filing with the Australian bourse.
Shares surge 31% in midday trade on Monday.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.