Nebius Group N.V. (NBIS) Stock: Q3 EBITDA Hits $465.8 Million as Revenue Jumps 571%

TLDR NBIS stock falls 10.11% premarket despite a 571% surge in quarterly revenue. Nebius Q3 revenue jumps to $980.8 million as adjusted EBITDA hits $465.8 million. Quarterly adjusted net income reaches $90.9 million, reversing last year’s loss. Nebius spends $7.3 billion on property and equipment amid AI cloud expansion. Nine-month revenue climbs 549% to $1.96 [...]

The post Nebius Group N.V. (NBIS) Stock: Q3 EBITDA Hits $465.8 Million as Revenue Jumps 571% appeared first on Blockonomi.