Nebius Reports Narrower Third-Quarter Loss, Targets Breakeven by 2027
Nebius reported a continuing-operations net loss of $37.5 million, versus $119.6 million a year earlier, and a loss of $0.13 per share versus $0.50. It plans to reach pretax breakeven by the end of 2027.
WASHINGTON (dpa-AFX) - Nebius Group N.V. (NBIS) reported a third quarter net loss from continuingoperations of $37.5 million compared to a loss of $119.6 million, last year. Net loss from continuing operations per Class A and Class B share was $0.13 compared to a loss of $0.50. Adjusted net income…