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IREN closes upsized $550 million convertible notes offering
Globenewswire· 2025-06-14 04:02
SYDNEY, June 13, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (ACN 629 842 799) (“IREN”) today announced the closing of its offering of $550 million aggregate principal amount of 3.50% convertible senior notes due 2029 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Key details of the transaction Oversubscribed and upsized from $450 million to $500 milli ...
IREN prices upsized $500 million convertible notes offering
Globenewswire· 2025-06-11 14:24
SYDNEY, June 11, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (ACN 629 842 799) (“IREN”) today announced the pricing of its offering of $500 million aggregate principal amount of 3.50% convertible senior notes due 2029 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Key details of the transaction $500 million convertible senior notes offering (3.50% coupo ...
IREN May 2025 Monthly Update
Globenewswire· 2025-06-05 20:04
SYDNEY, June 05, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), today published its monthly update for May 2025. May Highlights Record monthly revenue and hardware profit$1.6m daily hardware profit in MayOn track for 50 EH/s by June 30AI Cloud Services revenue continuing to scaleHorizon 1 AI Data Center on track for Q4 ’25 deliveryCustomer and financing workstreams progressingTransitioning to US domestic issuer status from July 1 Key MetricsM ...
Iris Energy (IREN) - 2025 Q3 - Earnings Call Transcript
2025-05-15 06:02
IREN (IREN) Q3 2025 Earnings Call May 14, 2025 05:00 PM ET Company Participants Mike Power - Director- Investor RelationsDaniel Roberts - Co-Founder, Co-CEO & DirectorKent Draper - Chief Commercial OfficerBelinda Nucifora - Chief Financial OfficerReginald Smith - Senior Associate Conference Call Participants Nick Giles - Senior Research AnalystDarren Aftahi - Senior Research Analyst-Internet, Media and Enabling Technologies Operator I would now like to hand the conference over to your speaker today, Mike Po ...
Iris Energy (IREN) - 2025 Q3 - Earnings Call Transcript
2025-05-15 06:00
IREN (IREN) Q3 2025 Earnings Call May 14, 2025 05:00 PM ET Speaker0 I would now like to hand the conference over to your speaker today, Mike Power, Director, Investor Relations. Speaker1 Thank you, Josh. Good afternoon, and welcome to Iron's third quarter FY twenty twenty five results presentation. My name is Mike Power, Director of Investor Relations. And with me on the call today are Daniel Roberts, Co Founder and Co CEO Belinda Nussafora, CFO and Kent Draper, Chief Commercial Officer. Before we begin, pl ...
Iris Energy (IREN) - 2025 Q3 - Earnings Call Presentation
2025-05-15 04:33
Q3 FY25 Results Presentation DISCLAIMER Forward-Looking Statements This investor update includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to future events or IREN's future financial or operating performance. For example, forward- looking statements include but are not limited to the Company's business strategy, expected operational and financial results, and expected increase in power capacity and has ...
IREN Reports Q3 FY25 Results
Globenewswire· 2025-05-15 04:08
28% Growth in Profit After Tax Horizon 1 AI Data Center on Track for H2 2025 Pausing Mining Expansion at 50 EH/s to Focus on AI Opportunities SYDNEY, May 14, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), today reported its financial results for the three and nine months ended March 31, 2025. All $ amounts are in United States Dollars (“USD”) unless otherwise stated. “We’re pleased to report another quarter of strong EBITDA and net profit,” s ...
IREN Set to Report Q3 Earnings: What's in Store for the Stock?
ZACKS· 2025-05-14 01:50
IREN Limited (IREN) is scheduled to report its third-quarter fiscal 2025 results on May 14.The Zacks Consensus Estimate for third-quarter fiscal 2025 is pegged at 17 cents per share, down a couple of cents over the past 30 days. IREN reported a profit of 8 cents per share in the year-ago quarter.The consensus mark for revenues is pegged at $155.69 million, suggesting an improvement of 186.45% from the year-ago quarter’s reported number.  Let’s see how things have shaped up for IREN Limited prior to this ann ...
IREN April 2025 Monthly Update
Globenewswire· 2025-05-06 20:21
比特币挖矿业务表现 - 4月平均运行算力达36.6 EH/s,环比增长21% [4] - 比特币产量579 BTC,环比增长9% [4] - 单枚比特币收入86,522美元,电力成本24,381美元 [4] - 硬件利润3,600万美元,利润率72% [4] - 算力容量4月提升至40 EH/s,预计6月底达50 EH/s [5][8] AI云服务增长态势 - 4月收入200万美元,环比增长25% [6] - 电力成本仅4万美元,硬件利润率高达98% [6] - 年度化运行率收入达2,800万美元 [11] - 现有客户合同推动收入环比增长27% [11] 数据中心项目进展 - Horizon 1 AI数据中心按计划2025年下半年交付 [5][9] - Childress项目1-4期500MW已全面运营 [14] - 第5期150MW变电站变压器即将安装 [14] - Sweetwater 1&2设计2GW数据中心枢纽 [14] 运营效率与成本优势 - 能效比达15 J/TH行业领先水平 [11] - 电力成本低至2.9美分/千瓦时 [11] - 50 EH/s算力预计产生5.88亿美元调整后EBITDA [11] - 东南亚矿机运输受益于90天关税暂停期 [8] 行业活动与会议安排 - 5月14日举行Q3财报电话会议 [11] - 参加Jefferies Power x Coin会议(4月场次回放) [11] - 5月27-29日出席比特币2025大会 [12] - 5月14-15日Macquarie亚洲会议 [11]
IREN to Release Q3 FY25 Results on May 14, 2025
Globenewswire· 2025-05-02 19:49
SYDNEY, May 02, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, "IREN") today announced that it will release its financial results for the three and nine-months ended March 31, 2025, on Wednesday, May 14, 2025 and host a conference call beginning at 5:00 p.m. Eastern Time. The webcast will be recorded, and the replay will be accessible shortly after the event at https://iren.com/investor/events-and-presentations Webcast and Conference Call DetailsTime & Date:5:00 p.m. E ...