IREN Limited (IREN) Reports Q1 Loss, Beats Revenue Estimates

IREN Limited (IREN) came out with a quarterly loss of $0.34 per share versus the Zacks Consensus Estimate of $0.14. This compares to a loss of $0.22 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -342.86%. A quarter ago, it was expected that this company would post earnings of $0.17 per share when it actually produced earnings of $0.08, delivering a surprise of -52.94%.Over the last four quarters, the company has surpassed co ...