[IREN's Latest Earnings Report Falls Short of Expectations, Drops 8% After Hours] BlockBeats News, August 28: Crypto mining company IREN, which is transitioning to the neocloud business, released its fiscal year 2026 data after hours today. Q4 revenue came in at $137.2 million, falling short of Wall Street's forecast of $157.14 million. Additionally, the company's adjusted EBITDA was $19.2 million, approximately 53% below expectations. Revenue from AI cloud services increased quarter-over-quarter from $33.6 million to $70.5 million, while Bitcoin mining revenue dropped from $111.2 million to $66.7 million. Following this news, IREN's stock price fell more than 8% after hours. [Original Link]