Business
Add as a preferred source on GoogleAdjusted EBITDA reached $465.8 million, compared with $236.2 million in the second quarter.
Nebius, an AI cloud infrastructure provider, recorded $980.8 million in third-quarter revenue, up 68% from the prior quarter, as adjusted EBITDA rose to nearly twice its Q2 level.
Adjusted EBITDA was $465.8 million, compared with $236.2 million in the second quarter. Nebius reported Q2 revenue of $582.3 million.
Second-quarter revenue had risen 454% from a year earlier, according to EconoTimes’ coverage of Nebius’ second-quarter results.
Taipei Times and Bloomberg reported Liu’s companywide revenue outlook; Foxconn’s published materials quantify 2027 growth only for AI rack shipments.
Third-quarter revenue was up 7.4% from a year earlier, and non-GAAP EPS was $0.40. In Thursday trading, shares were up $2.32 at $22.24, a gain of nearly 12%.
CoreWeave posted $3.661 billion in third-quarter revenue and lifted its 2026 outlook, while forecasting up to $39 billion in capital spending.
