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Benzinga
Benzinga
Business
Adam Eckert

What's Going On With Nebius Group Stock Thursday?

Nebius Group Nebius United States NBIS Arkady Volozh
Nebius Group

Nebius Group N.V. (NASDAQ:NBIS) reported second-quarter financial results before the market open on Thursday. Here’s a look at the key details from the report.

Q2 Earnings: Nebius Group reported second-quarter revenue of $105.1 million, up 625% year-over-year and up 106% on a quarter-over-quarter basis. The revenue increase was driven by continued strong demand from increasing AI use cases, growth in adoption and the expansion of the company’s client base.

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