Revenue and net income for CleanSpark’s quarter ending in December 2022 are estimated to improve over the previous period, but be below last year’s numbers.CleanSpark is expected to post a nearly 13% bump in revenue from the previous quarter when it kicks off the earnings season for bitcoin miners after the U.S. close today.
The miner posted net income of $14.5 million on revenue of $41.2 million in the same period a year earlier. Miners are still struggling as a result of months operating at depressed margins, but January has been kinder with bitcoin surging back up to August levels at around $23,000.
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