EQS-Ad-hoc: Northern Data AG / Key word(s): Other/Change in forecast
Northern Data AG: Northern Data publishes business and capital market update
October 21, 2025 / 11:26 p.m. CET/CEST
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Disclosure of inside information in accordance with Article 17 MAR of Regulation (EU) No 596/2014
Northern Data publishes business and capital markets update
Frankfurt am Main – October 21, 2025 – The Northern Data AG (ETR: NB2together with its subsidiaries, the “Group”) today announces that increased customer demand for the technology upgrade is expected to result in a monthly cloud business revenue run rate of approximately EUR 10 million to EUR 15 million in the fourth quarter of 2025. This development is based on high conversion rates in the pipeline across reserved, on-demand and spot market contracts.
In addition, the Group has withdrawn its previous financial guidance for the full year 2025 due to an ongoing assessment of potential strategic transactions and market price dynamics. This is partially offset by improved GPU capacity utilization resulting from increased customer demand for the technology upgrade in the second quarter.
Northern Data Group will shortly publish a business and operational update which will provide additional information on the group’s operational development and preliminary revenue performance in the third quarter of 2025.
Investor relations:
Jose Cano
Vice President, Investor Relations
Email: [email protected]
End of insider information
Information and explanations from the issuer regarding this announcement:
About Northern Data Group:
The Northern Data Group is a leading provider of solutions in the areas of artificial intelligence (AI) and high-performance computing (HPC). The company uses high-density, liquid-cooled GPU-based technology to power the world’s most innovative organizations. Together with our partners, we pursue the vision of harnessing the potential of HPC not only for technological advances, but also for social progress.
October 21, 2025 CET/CEST The EQS distribution services include legal reporting requirements, corporate news/financial news and press releases.
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