IREN Stock Sinks After Q2 Earnings: Here's Why

IREN Limited (NASDAQ:IREN) shares dropped in Thursday's extended trading after the company released its second-quarter earnings report, missing analyst estimates on the top and bottom lines. Here's a look at the key figures from the quarter. IREN stock is moving. Watch the price action here.The Details: IREN reported quarterly losses of 52 cents per share, which missed the consensus estimate for losses of 14 cents, according to Benzinga Pro.Quarterly sales of $184.69 million, which missed the analyst consen ...