Nebius Q3 Earnings Preview: What to expect?

Published 4 hours ago Positive
Nebius Q3 Earnings Preview: What to expect?
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Artificial intelligence infrastructure company Nebius Group is set to report third-quarter earnings on Tuesday, November 11th, before the opening bell.

Analysts expect the company to report a loss of $0.52 per share on revenue of $155.72M.

According to several analysts, Nebius remains well-positioned as AI sector momentum supports demand for neocloud compute capacity.

Seeking Alpha analyst Denis Buivolov said in a recent analysis that key growth drivers [https://seekingalpha.com/article/4840510-nebius-thoughts-ahead-of-q3-earnings-and-following-hyperscaler-reports] for Nebius include new data center launches, Uber's investment in Avride, and the rollout of Token Factory, with further upside from potential Microsoft contract.

Nebius announced last month that it has introduced its latest AI cloud, Nebius AI Cloud [https://seekingalpha.com/news/4504791-nebius-group-introduces-nebius-ai-cloud-30-aether] 3.0 “Aether.”

The company said its latest AI cloud will provide enterprises independently validated security certifications, in addition to fine-grained governance with native observability.

Over the last 3 months, EPS estimates have seen one downward revision, while revenue estimates have seen one upward and one downward revision each.

MORE ON NEBIUS GROUP

* Nebius Vs. CoreWeave: The Neocloud Battle Shaping The Future Of AI Infrastructure [https://seekingalpha.com/article/4840996-nebius-vs-coreweave-the-neocloud-battle-shaping-the-future-of-ai-infrastructure]
* Nebius: Thoughts Ahead Of Q3 Earnings And Following Hyperscaler Reports [https://seekingalpha.com/article/4840510-nebius-thoughts-ahead-of-q3-earnings-and-following-hyperscaler-reports]
* Nebius: The Hype Overwhelms Sobriety (Upgrade) [https://seekingalpha.com/article/4840243-nebius-the-hype-overwhelms-sobriety-upgrade]
* Earnings week ahead: DIS, CSCO, OXY, PLUG, B, AMAT, JD, BYND, PSKY, and more [https://seekingalpha.com/news/4518496-earnings-week-ahead-dis-csco-oxy-plug-b-amat-jd-bynd-psky-and-more]
* Nebius brings AI cloud powered by Nvidia online in UK [https://seekingalpha.com/news/4517282-nebius-brings-ai-cloud-powered-by-nvidia-online-in-uk]