09:21 AM EST, 02/20/2025 (MT Newswires) -- Nebius ( NBIS ) reported a Q4 adjusted net loss Thursday of $87.5 million, wider than a loss of $85.3 million a year earlier.

An analyst polled by FactSet expected an adjusted net loss of $98.1 million.

Revenue for the quarter ended Dec. 31 was $37.9 million, up from $6.7 million a year earlier.

The analyst surveyed by FactSet expected $63.5 million.

The company's shares were down nearly 7% in recent Thursday premarket activity.