SG&A spending increase guidance
Company: IREN
The claim, verbatim
IREN expects a sequential increase of $40-$50 million in fiscal first-quarter cash SG&A as it invests across sales, R&D, development and operations
Source (primary)
IREN Q4 Earnings Call Focuses on AI Cloud Scale & Funding - Yahoo Finance (-, news_article)
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Quote: “a sequential increase of $40-$50 million in fiscal first-quarter cash SG&A”
How we checked this
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Additional evidence
confirms IREN Q4 Earnings Call Focuses on AI Cloud Scale & Funding - Yahoo Finance
Quote: “a sequential increase of $40-$50 million in fiscal first-quarter cash SG&A”