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%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

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.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

egreechee Is there anythinggg likee it!!!

egreechee 🚀Thankss a millon

egreechee 🚀Thankss a millon

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 291. in SE

Sverige Senaste nytt, Sverige Rubriker