After IREN AI Cloud released its latest financial report, the stock price saw a clear swing. Let’s take a look at the details:
This quarter’s revenue achieved a quarter-over-quarter doubling, and the growth momentum is actually quite good. However, the EBITDA figure fell 53% short of expectations, far below what the market had anticipated. As a result, the stock closed down 12.6% last Friday, at $35.43.
In the AI sector, it’s not uncommon to see revenue grow at a fast pace but profits come in below expectations. The market generally has a higher tolerance for short-term profitability for AI companies, but if multiple quarters in a row miss expectations, then risks need to be taken seriously. What do you think of this AI cloud computing company?
#AI #云计算 #US stocks
https://followin.io/zh-Hans/trendingTopic/10000002759
This quarter’s revenue achieved a quarter-over-quarter doubling, and the growth momentum is actually quite good. However, the EBITDA figure fell 53% short of expectations, far below what the market had anticipated. As a result, the stock closed down 12.6% last Friday, at $35.43.
In the AI sector, it’s not uncommon to see revenue grow at a fast pace but profits come in below expectations. The market generally has a higher tolerance for short-term profitability for AI companies, but if multiple quarters in a row miss expectations, then risks need to be taken seriously. What do you think of this AI cloud computing company?
#AI #云计算 #US stocks
https://followin.io/zh-Hans/trendingTopic/10000002759