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-0.00108176974750987 -0.0192263145703034 -0.0194579569145239 -0.0525828121380589 -0.105397266620338 -0.0555941626129256 -0.035033588139912 -0.0551308779244847
Stock impact report

Nebius Group N.V. Announces Fourth Quarter and Full-Year 2024 Financial Results

Nebius Group N.V. - Class A Ordinary Shares (NBIS) 
Company Research Source: Business Wire
AMSTERDAM--(BUSINESS WIRE)--Nebius Group N.V. (“Nebius Group”, the “Group” or the “Company”; NASDAQ: NBIS),(1) a leading AI infrastructure company, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2024.In Q4 2024, the Group’s revenue of $37.9 million increased 466% year over year, driven primarily by the core AI infrastructure business, which grew 602% year over year. Adjusted EBITDA loss in Q4 2024 was $75.5 million and net loss from continuing operations was $136.6 million. For the full year 2024, the Group’s revenue of $117.5 million increased 462% year-over-year. Cash and cash equivalents as of December 31, 2024, stood at $2,449.6 million on a consolidated basis. Full year 20 Read more
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