December-quarter cash opex increase
Company: IREN
The claim, verbatim
IREN expects cash operating expenses to rise by another $50 million to $60 million sequentially in the December 2026 quarter, before new capacity contributes revenue.
Source (primary)
IREN's $4B Revenue Goal Delayed: Is the Stock Losing Its Appeal? - TradingView (-, news_article)
View cached copy (2026-11-11)Live source ↗Archive.org ↗
Quote: “The company also expects cash operating expenses to rise another $50 million-$60 million sequentially in the December quarter before new capacity contributes revenues.”
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 IREN's $4B Revenue Goal Delayed: Is the Stock Losing Its Appeal? - TradingView
Quote: “The company also expects cash operating expenses to rise another $50 million-$60 million sequentially in the December quarter before new capacity contributes revenues.”