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Nebius Group Q1 Loss Widens, Revenue Rises
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Nebius Group Q1 Loss Widens, Revenue Rises
May 26, 2025 11:04 AM

01:13 PM EDT, 05/20/2025 (MT Newswires) -- Nebius Group ( NBIS ) reported Tuesday a Q1 adjusted net loss of $92.5 million, widening from a loss of $77.6 million a year earlier.

Revenue for the quarter ended March 31 was $55.3 million, up from $11.4 million a year earlier.

Analysts surveyed by FactSet expected $57.7 million.

Shares of the AI infrastructure company were up more than 7% in recent trading.

Price: 40.47, Change: +2.91, Percent Change: +7.75

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