IREN Swings to Fiscal Q3 Loss, Revenue Falls

MT Newswires Live

05/08

IREN (IREN) reported a fiscal Q3 operating loss late Thursday of $233.5 million, compared with profit of $35.5 million a year earlier.

Revenue for the quarter ended March 31 fell to $144.8 million from $148.1 million from a year earlier.

Analysts surveyed by FactSet expected $219.7 million.

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