Bitfarms GAAP EPS of -$0.08 beats by $0.02, revenue of $44.85M misses by $1.74M
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Contributor since / Followers
Contributor since / Followers
1 week ago
- Bitfarms press release (NASDAQ:BITF): Q3 GAAP EPS of -$0.08 beats by $0.02.
- Net loss of $37 million, or $(0.08) per basic and diluted share which included a $6 million non-cash gain for revaluation of warrant liabilities in connection with 2023 financing activities.
- Revenue of $44.85M (+29.6% Y/Y) misses by $1.74M.
- Current hashrate of 11.9 EH/s, up from 10.4 EH/s in Q2 2024 -Current efficiency of 21 w/TH, a 16% improvement from June 30, 2024 -Synthetic HODL increased to 802 at October 31, 2024 from 208 long-dated BTC call options at June 30, 2024, up 286%