Nebius falls premarket as data center delays push revenue into 2027
FROM THE WIRE · FINANCE.YAHOO.COM
This article first appeared on GuruFocus. Nebius Group N.V. (NASDAQ:NBIS) fell 15.61% in premarket after it reported third-quarter revenue of $980.8 million, up 571% and ahead of analysts' consensus of $907.2 million, but said delays at third-party data centers would push some…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishRevenue beat is offset by delayed revenue recognition, weighing on an AI cloud stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Nebius reported Q3 revenue of $980.8 million, above the $907.2 million consensus.
- 02The stock fell 15.61% in premarket trading.
- 03Delays at third-party data centers will push some revenue into next year.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Nebius Group N.V.154.69 USDMarket closedtoday +15.44%Negative Microsoft Corporation521.13 USDMarket closedtoday -2.26%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets