Revenue backlog rises 22% to $20.3B
Company: IREN
The claim, verbatim
IREN's revenue backlog increased 22% quarter-over-quarter to $20.3 billion, with approximately two-thirds supported by investment-grade counterparties.
Source (primary)
IREN Shares Surge 18% After Strong AI Cloud Revenue Growth and Better-Than-Expected Quarterly Results - Yahoo Finance (-, news_article)
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Quote: “The company's revenue backlog increased 22% from the previous quarter to $20.3 billion.”
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Additional evidence
confirms IREN Shares Surge 18% After Strong AI Cloud Revenue Growth and Better-Than-Expected Quarterly Results - Yahoo Finance
Quote: “The company's revenue backlog increased 22% from the previous quarter to $20.3 billion.”