Yandex NV ( (NBIS) ) has released its Q1 earnings. Here is a breakdown of the information Yandex NV presented to its investors.
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Nebius Group N.V. is a technology company specializing in AI infrastructure, providing full-stack solutions for AI workloads with a global presence, headquartered in Amsterdam and listed on Nasdaq. In its latest earnings report, Nebius Group announced a significant 385% year-over-year increase in revenue for Q1 2025, reaching $55.3 million, primarily driven by its core AI infrastructure business. Despite the impressive revenue growth, the company reported an adjusted EBITDA loss of $62.6 million and a net loss from continuing operations of $113.6 million. Key strategic developments include a strategic investment in its AI data solutions business, Toloka, by Bezos Expeditions, and the expansion of its data center footprint across various global locations. Looking forward, Nebius Group aims to achieve $750 million to $1 billion in annualized run-rate revenue by the end of the year and expects to turn adjusted EBITDA positive in the second half of 2025, indicating a strong growth trajectory supported by strategic investments and market demand.