Will IREN Smash Q4 Earnings After 12% 1-Month Rally?
AI cloud revenue nearly doubled to $33.6 million as IREN posted a $247.8 million net loss and $140.4 million in impairments.
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7 Articles
IREN shares fall 8% as costly AI transition weighs on earnings
Will IREN Smash Q4 Earnings After 12% 1-Month Rally?
The post Live: Will IREN Smash Q4 Earnings After 12% 1-Month Rally? appeared first on 24/7 Wall St.. Live Updates Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Iren didn't make the cut. Grab the names FREE today. IREN Q4 Earnings Coverage Wrap-Up5:01pm ETThat wraps up our initial coverage of IREN’s Q4 results. Thank you for stopping by! IREN's Bull vs Bear Case After Q2 Earnings5:00pm ETBull Case: AI Clou…
IREN stock falls as the Nvidia-backed neocloud company hits a key milestone
IREN stock retreated by over 6% in the premarket session as investors reacted to its financial results. It slipped to $38, down sharply from the year-to-date high of $70.60. This retreat happened even after the company reached a major milestone, with its AI revenue surpassing its Bitcoin mining operations. IREN stock drops after a major milestone IREN, formerly known as Iris Energy, published an encouraging report, which showed that its AI reven…
IREN Stock Drops 6% Despite Surging AI Cloud Revenue: Should You Buy?
Key Takeaways Shares of IREN declined approximately 6% during premarket hours following adjusted EBITDA of $19.2M that fell short of Wall Street’s $34.9M consensus Q4 total revenue reached $137.2M, missing the $157.14M analyst estimate, though AI cloud revenue soared 110% quarter-over-quarter to $70.5M IREN’s fiscal 2026 annual recurring revenue target of $4 billion is now completely contracted, rising from $3.4B reported in July A new long-ter…
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