Company Reports Q2 Revenue of $464.89M, Below Expectations
Reports Q2 revenue $464.89M, consensus $622.31M. "We are beginning to see the benefit of our pipeline growth with an acceleration of orders over the past few months and backlog reaching another record level. We also reached substantial completion on our first delivery of Smartstack and affirmed access to our domestic content offering in the U.S.," said Julian Nebreda, the Company's President and Chief Executive Officer. "Our customer expansion strategy is gaining momentum: we have signed master supply agreements with two hyperscalers and expect to convert our first order soon."
