India, Aug. 7 -- Nebius Group N.V. (NBIS) shares soared 22.09 percent to $67.26 following the release of its second-quarter 2025 results, which showed explosive growth and a dramatic turnaround in profitability.
The AI infrastructure firm posted $105.1 million in revenue, a 625 percent increase from $14.5 million a year earlier. Net income from continuing operations came in at $502.5 million, compared to a loss of $116.9 million in the same period last year.
The stock opened at $64.31 and climbed as high as $70.54 before settling at $66.61 on the Nasdaq. Volume surged to 34.13 million shares, far exceeding its average of 13.5 million. Shares are now trading near the upper end of their 52-week range of $14.09 to $70.54.
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