Nebius Group N.V. (NASDAQ:NBIS – Get Free Report) hit a new 52-week high during trading on Tuesday . The company traded as high as $20.36 and last traded at $20.00, with a volume of 13616700 shares changing hands. The stock had previously closed at $14.29.
Nebius Group Stock Performance
Nebius Group (NASDAQ:NBIS – Get Free Report) last released its quarterly earnings results on Tuesday, July 30th. The company reported $0.68 EPS for the quarter. The company had revenue of $2.75 billion for the quarter. Nebius Group had a negative net margin of 2.08% and a positive return on equity of 9.52%.
Nebius Group Company Profile
Nebius Group N.V., a technology company, builds intelligent products and services powered by machine learning and other technologies to help consumers and businesses navigate the online and offline world. The company’s services include Nebius AI, an AI-centric cloud platform that offers infrastructure and computing capability for AI deployment and machine-learning oriented solutions; and Toloka AI that offers generative AI (GenAI) solutions at every stage of the GenAI lifecycle, such as data annotation and generation, model training and fine-tuning, and quality assessment of large language model for accuracy and reliability.
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