Iris Energy Q4 Sales $137.200M Miss $142.320M Estimate
Iris Energy (NASDAQ:IREN) reported quarterly sales of $137.200 million which missed the analyst consensus estimate of $142.320 million by 3.60 percent. This is a 26.75 percent decrease over sales of $187.300 million
Iris Energy made less money than experts predicted this quarter, and it also made less than it did a year ago. When a company misses its targets and sales are shrinking, it's a sign to watch whether things are getting harder for that business.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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