rewrite this title Nebius Group N.V. (NBIS) Q4 2024 Earnings Call Transcript

Nebius Group N.V. (NASDAQ:NBIS) Q4 2024 Earnings Conference Call February 20, 2025 8:00 AM ET

Company Participants

Neil Doshi – Head of IRArkady Volozh – Founder and CEOTom Blackwell – CCOAndrey Korolenko – Chief Product & Infrastructure OfficerRoman Chernin – CBO

Neil Doshi

Hello, and welcome to Nebius Group’s Fourth Quarter and Full Year 2024 Earnings Conference Call. My name is Neil Doshi, Head of Investor Relations. Joining me today to discuss our results are Arkady Volozh, Founder and CEO, and the rest of the Nebius management team.

Before we get started, I would like to take this opportunity to remind you that our remarks today will include forward-looking statements. Actual results may differ materially from those contemplated by these forward-looking statements. Factors that could cause these results to differ materially are set forth in today’s earnings press release and in our quarterly report on Form 6-K filed with the SEC. Any forward-looking statements that we make on the call are based on assumptions as of today, and we undertake no obligation to update these statements as a result of new information or future events.

During this call, we will present both GAAP and certain non-GAAP financial measures. A reconciliation of GAAP to non-GAAP measures is included in today’s earnings press release. The earnings press release is available on our website at group.nebius.com/investor-hub.

And now, I’d like to turn the call over to Arkady.

Arkady Volozh

Thank you, Neil, and welcome everyone to our fourth quarter earnings call. As we said on our last call, our aim is to build one of the world’s largest AI infrastructure companies. We believe that we are well positioned to do this because we have a proven track record of building and running efficient data centers with stable power, delivering GPU-based AI compute infrastructure, cloud, and offering a