Wed 03/30/2022 11:14 AM
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Distressed PlusServer update from Reorg's EMEA Core Credit team.

PlusServer’s revenue slipped sequentially to €7.67 million in January 2022 from €7.77 million in December 2021 and were slightly down on the €7.8 million the company generated the same month last year, but met the budget of €7.65 million, sources told Reorg.

Managed hosting revenue grew to €4.04 million in January from €3.85 million in December, exceeding €3.87 million budgeted, while total cloud revenue...
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