Cash SG&A up $40-50M in September quarter
Company: IREN
The claim, verbatim
Management expects cash SG&A expenses to increase sequentially by $40-$50 million in the September quarter.
Source (primary)
Nebius vs. IREN: Which AI Infrastructure Stock is the Better Buy? - Zacks Investment Research (-, news_article)
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Quote: “management expects cash selling, general and administrative expenses to increase sequentially by $40-$50 million in the September quarter”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms Nebius vs. IREN: Which AI Infrastructure Stock is the Better Buy? - Zacks Investment Research
Quote: “management expects cash selling, general and administrative expenses to increase sequentially by $40-$50 million in the September quarter”
confirms Nebius vs. IREN: Which AI Infrastructure Stock is the Better Buy? - Yahoo Finance
Quote: “management expects cash selling, general and administrative expenses to increase sequentially by $40-$50 million in the September quarter”