IREN Limited (IREN) Reports Q2 Loss, Lags Revenue Estimates

IREN Limited (IREN) came out with a quarterly loss of $0.44 per share versus the Zacks Consensus Estimate of a loss of $0.09. This compares to earnings of $0.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -371.60%. A quarter ago, it was expected that this company would post earnings of $0.14 per share when it actually produced a loss of $0.34, delivering a surprise of -342.86%.Over the last four quarters, the company has n ...