Nebius Group Q3 loss narrows and revenue beats expectations
FROM THE WIRE · FINANCE.YAHOO.COM
SCHIPHOL, Netherlands (AP) — SCHIPHOL, Netherlands (AP) — Nebius Group N.V. (NBIS) on Thursday reported a loss of $37.5 million in its third quarter. On a per-share basis, the Schiphol, Netherlands-based company said it had a loss of 13 cents. Earnings, adjusted for one-time…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishResults beat consensus estimates for an AI cloud name, relevant for the sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Nebius reported a $37.5 million loss in the third quarter.
- 02Adjusted earnings were 30 cents per share, versus an estimated loss of 61 cents.
- 03Revenue was $980.8 million, above the $916.8 million expected by analysts.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Nebius Group N.V.154.69 USDMarket closedtoday +15.44%Positive China Mobile Limited80.70 HKDMarket closedtoday -0.19%Neutral
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