Shares of Macquarie Technology Group Fall After Posting Higher Fiscal Year 2025 Earnings, Revenue

MT Newswires Live
Aug 28

Shares of Macquarie Technology Group (ASX:MAQ) fell around 10% in recent Thursday trade after the company reported late Wednesday fiscal year 2025 earnings of AU$1.344 per share, up from AU$1.341 a year earlier.

Analysts polled by FactSet expected earnings of AU$1.39.

Revenue for the 12 months ended June 30 was AU$369.6 million, compared with AU$363.3 million a year earlier. Analysts surveyed by FactSet expected AU$370.7 million.

The company expects marginal growth in earnings before interest, taxes, depreciation, and amortization for fiscal year 2026, with group capital expenditure forecast between AU$206 million and AU$234 million.

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.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10