$4B+ operating ARR target slipped
Company: IREN
The claim, verbatim
IREN's target of more than $4 billion of operating ARR has slipped from year-end to January, and could extend to February because of supplier timing and a customer-requested design change.
Source (primary)
IREN Ltd (IREN) Q1 2027 Earnings Call Highlights: AI Cloud Revenue Nearly Triples to $200 ... - Yahoo Finance Australia (-, news_article)
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Quote: “The target for more than $4 billion of operating ARR has slipped from year-end to January, with potential extension to February due to supplier timing and a customer-requested design change.”
How we checked this
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Additional evidence
confirms IREN Ltd (IREN) Q1 2027 Earnings Call Highlights: AI Cloud Revenue Nearly Triples to $200 ... - Yahoo Finance Australia
Quote: “The target for more than $4 billion of operating ARR has slipped from year-end to January, with potential extension to February due to supplier timing and a customer-requested design change.”