Nscale updates US IPO filing: third-quarter net loss widens
NVDA NVIDIA Corp
$166.19 -4.34%
View chart & analysis → - 1Nscale released updated documents for its US initial public offering (IPO).
- 2Nscale recorded third-quarter revenue of $307.5 million, achieving a 1,344% year-over-year increase in revenue.
- 3Nscale recorded a third-quarter net loss of $1.69 billion, a wider loss than the $1.02 billion net loss in the second quarter.
So what's the key point?
Nscale disclosed its third-quarter results while preparing for a US listing. Revenue grew by 1,344%, but the net loss also increased to $1.69 billion.
Source CNBC · View original ↗
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