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ITG achieves record Q3 revenue driven by infrastructure buildout and data center demand

The Motley Fool +1 · ·by G4L

ITG
ITG ITG Inc
$5.12 -4.03%
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  1. 1ITG reported record revenue following the expansion of infrastructure buildout and data center connectivity services.
  2. 2ITG recorded nearly 50% growth in Q3 top-line revenue, with new orders for the quarter totaling $237 million.
  3. 3The data center backlog is approximately $500 million, and increased data center activity is expected to drive future growth.

So what's the key point?

ITG achieved record-breaking revenue through its successful data center business. With $237 million in new orders, the company is expected to continue growing in the future.

Source The Motley Fool +1 · View original ↗

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