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The AI cloud company reported $582.3 million in quarterly revenue, up 454% from a year earlier, as demand for computing capacity grew
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Nebius Group reported second-quarter revenue of $582.3 million on Wednesday, beating analyst expectations and sending Nebius stock up 12% in premarket trading. Revenue rose 454% from the same period a year earlier.
The consensus forecast from analysts polled by LSEG put quarterly revenue at $572.75 million, Reuters reported. The company also posted adjusted EBITDA of $236.2 million for the quarter, compared with an adjusted EBITDA loss of $21 million in the second quarter of 2025.
