Amsterdam-based neocloud Nebius reports Q2 cloud revenue up 514% YoY to $575M and total revenue of $582M, above $557M est.; NBIS rises 15%+, and is up 131% YTD (Paula Doenecke/Bloomberg)
Nebius beat Q2 estimates as cloud revenue reached $575 million.
The Amsterdam-based neocloud company reported total revenue of $582 million, ahead of the $557 million estimate cited in the note. Cloud revenue was up 514% year over year. Shares rose more than 15% after the report and were up 131% for the year. Techmeme's note
The Amsterdam-based neocloud company reported total revenue of $582 million, ahead of the $557 million estimate cited in the note. Cloud revenue was up 514% year over year. Shares rose more than 15% after the report and were up 131% for the year. Techmeme's note
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