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By Sophia Thomas • Updated Oct 21, 2026 at 02:20
NextDC slashes earnings forecasts after Melbourne power delays - AFR

NextDC cuts 2027 earnings forecast because of power supply delays at its Melbourne data centre

NextDC has lowered its 2027 earnings prediction due to power issues affecting its Melbourne data centre. The power issues have affected the company's financial performance and stock value. NextDC's stock is currently trading 4.55 percent higher than its 52-week low. The announcement has been widely reported in various Australian news outlets.

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