Australia's Megaport worst performer on ASX 200 on outlook miss
** Shares of Australian network services provider Megaport MP1.AX plunge as much as 21.7% to A$9.230, their worst intraday drop since Oct. 26, 2023
** MP1 falls to its lowest level since Jan. 18; top loser in the ASX 200 benchmark index .AXJO
** Forecasts FY25 revenue between A$214 mln ($144.34 mln) and A$222 mln, below Visible Alpha consensus of A$233.1 mln
** FY25 EBITDA view of A$57 mln to A$65 mln also falls short of A$73.3 mln consensus estimate
** Logs its first ever net profit of A$9.6 mln, ahead of market view of A$8.9 mln
** More than 2.1 mln shares change hands, vs the 30-day average of 833,175 shares
** MP1 up 28% this year as of last close
($1 = 1.4826 Australian dollars)
Reporting by Sameer Manekar in Bengaluru
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