Sentiment: Negative
Buy Bitcoin, Ethereum and Crypto Currencies/Coins from:
|
Binance |
|
Coinbase |
|
KUCOIN |
|
AscendEX (Formally BitMax) |
IREN Stock Drops 7% After Q4 Revenue Miss Despite AI Cloud Growth
By Trader Edge at 2026-09-15 23:51
Sentiment: Negative
TLDR IREN reported Q4 revenue of $137.2 million, missing Wall Street’s forecast of $157.14 million by about 12.7% AI Cloud revenue hit $70.5 million, making up 51.4% of total revenue for the first time The company posted a net loss of $684 million, mostly from non-cash impairments tied to its exit from bitcoin mining ARR [...] The post IREN Stock Drops 7% After Q4 Revenue Miss Despite AI Cloud Growth appeared first on CoinCentral. Continue reading...
Categories: Stocks
Tags: #Stocks
Source Coin Central