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Iren Fiscal Q1 Swings to Loss, Revenue Falls

Iren Fiscal Q1 Swings to Loss, Revenue Falls

MT newswireMT newswire2026/11/05 20:22
04:22 PM EST, 11/05/2026 (MT Newswires) -- Iren (IREN) reported a fiscal Q1 net loss late Thursday of $0.66 per diluted share, swinging from earnings of $1.08 a year earlier. Analysts polled by FactSet expected a loss of $0.72. Revenue for the three months ended Sept. 30 was $228 million, compared with $240 million a year earlier. Analysts surveyed by FactSet expected $228.3 million.
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