Nebius Group 2Q results beat expectations, shares up 15.7% premarket
NBIS Nebius Group NV
$259.20 +34.14%
View chart & analysis → - 1Nebius Group (NBIS) shares jumped 15.7% to $223.50 in premarket trading after the company reported its second-quarter results.
- 2Adjusted loss per share came in at a 12-cent loss (vs. an expected 67-cent loss), while revenue of $582.3 million (vs. expected $573.8 million) topped Wall Street forecasts.
- 3Short interest of 60.07 million shares, or 28.8% of the float, could fuel today's rally, and strong results from CoreWeave (CRWV) and Super Micro (SMCI) are also boosting AI sentiment.
This 3-line summary is compiled from the report below.
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