IREN Beats Q1 Estimates: What To Know
1. IREN reported Q1 earnings of $1.08 per share, beating estimates. 2. Revenue reached $240.3 million versus an expected $235.5 million. 3. The company secured a key partnership with Microsoft, boosting growth prospects. 4. IREN stock rose 3.58% to $69.65 in extended trading. 5. Strong Q1 results and AI Cloud expansion indicate robust business execution.