$4B+ annualized run-rate revenue target and capacity timing
Company: IREN
The claim, verbatim
IREN said its target of more than $4 billion in annualized run-rate revenue is fully contracted and funded, with the capacity now expected to be operational by the end of January, later than the prior year-end goal.
Source (primary)
IREN Q1 Revenue Tops Estimates as AI Cloud Sales Nearly Triple; Shares Rise 9% - BigGo Finance (-, news_article)
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Quote: “its target of more than $4 billion in annualized run-rate revenue is fully contracted and funded, with capacity now expected to be operational by the end of January”
How we checked this
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Additional evidence
confirms IREN Q1 Revenue Tops Estimates as AI Cloud Sales Nearly Triple; Shares Rise 9% - BigGo Finance
Quote: “its target of more than $4 billion in annualized run-rate revenue is fully contracted and funded, with capacity now expected to be operational by the end of January”