The Bitcoin miner’s top line came below expectations due to “unexpected equipment failures” and worse-than-predicted weather at multiple mining sites.
Category: Earnings
Auto Added by WPeMatico
TK
Rivian lost $1.45 billion in the first quarter, showing that its recent company-wide cost-cutting measures have a ways to go […]
Tesla profits fell 55% to $1.13 billion in the first quarter from the same year-ago period as a protracted EV […]
The company sold 56% of its mined bitcoin during the fourth quarter to fund operating costs.
Bumble, a once-powerful force in online dating, is facing a reckoning. The company posted weak Q4 2023 results today showing […]
Lucid Motors plans to build just 9,000 electric vehicles in 2024, only 500 to 1,000 more than it made in […]
Coinbase reported strong fourth-quarter earnings on Thursday, partly driven by the launch of the ten spot bitcoin exchange-traded funds (ETFs).