Bitcoin Mining Major Riot Blockchain Misses Analyst Estimates for Q3 Earnings

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Riot Blockchain said its third quarter revenues declined as it powered down its Texas operations amid surging electricity demand, and because of bitcoin's falling price. egreechee reports

: A previous version of this story incorrectly stated that Riot's consensus analyst estimate was for adjusted net earnings of $1 per share, instead of $0.01.

The miner generated $46.3 million in revenues, lower than the average estimate of $56.3 million, bringing net loss to $0.24, compared to a consensus estimate of adjusted net earnings per share of $0.01, according to FactSet., and lower than for the same period last year, when the firm reported $64.8 million.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 291. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

egreechee Is there anythinggg likee it!!!

egreechee 🚀Thankss a millon

egreechee 🚀Thankss a millon

France Dernières Nouvelles, France Actualités