IREN operating ARR doubled to $1B
Company: IREN
The claim, verbatim
IREN's operating annualized recurring revenue doubled to $1 billion as of its Q1 FY2027 results.
Source (primary)
TeraWulf Rises 4% After Q3 Beat and Google-Backed Anthropic Lease; IREN Surges 17%, Cipher Digital Climbs 6% - 24/7 Wall St. (-, news_article)
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Quote: “operating annualized recurring revenue (ARR) that doubled to $1 billion”
How we checked this
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Additional evidence
confirms TeraWulf Rises 4% After Q3 Beat and Google-Backed Anthropic Lease; IREN Surges 17%, Cipher Digital Climbs 6% - 24/7 Wall St.
Quote: “operating annualized recurring revenue (ARR) that doubled to $1 billion”