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IREN Ltd. (NASDAQ: IREN) shares are climbing Thursday as investors position ahead of its Q4 results, due after today's market close.
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Iris Energy (NASDAQ:IREN) reported quarterly losses of $(0.74) per share which missed the analyst consensus estimate of $(0.49) by 51.02 percent. This is a 212.12 percent decrease over earnings of $0.66 per share from
Read original at benzingaIREN posts Q4 earnings. Here's what you need to know.
Read original at benzingaFiled: 2026-08-27 AccNo: 0001878848-26-000051 Size: 3 MB Item 2.02: Results of Operations and Financial Condition Item 9.01: Financial Statements and Exhibits
Read original at edgarIris Energy (NASDAQ:IREN) reported quarterly sales of $137.200 million which missed the analyst consensus estimate of $142.320 million by 3.60 percent. This is a 26.75 percent decrease over sales of $187.300 million
Read original at benzingaNvidia delivered extraordinary Q2 results with 106% YoY revenue growth to $96.2B, 75% gross margins, and $59.7B net income. The company is compared to historical capital-goods suppliers during major investment booms. Unlike the dot-com era's dark fiber overbuild, AI infrastructure appears economically justified with high utilization rates and profitability. At 23.5x forward earnings with a Zacks Rank #2 (Buy), NVDA stock appears attractively valued despite risks from concentrated customer base and massive financing requirements.
Read original at zacks-investment-researchNvidia surged 7% after delivering blockbuster Q2 earnings with $96.22B revenue (106% YoY growth) and raising FY28 guidance to ~70% growth. The Vera Rubin platform is ramping ahead of schedule with orders from all major hyperscalers. However, gross margins are expected to compress from 75% to 71-72% due to rising memory costs, and the company's massive capital commitments warrant monitoring.
Read original at zacks-investment-research