Nebius Group (NBIS) Surpasses Q3 Earnings and Revenue Estimates
Nebius Group reported quarterly earnings of $0.3 per share, significantly beating the consensus estimate of a loss of $0.61 per share, with a 149.18% earnings surprise. The AI-centric cloud platform company posted revenues of $980.8 million, surpassing estimates by 6.98% and showing substantial year-over-year growth from $146.1 million. The stock has gained 84.8% year-to-date and holds a Zacks Rank #2 (Buy) rating. Globant, another software services company, is expected to report results on November 19 with anticipated earnings of $1.47 per share, down 3.9% year-over-year.


