Bitfarms EPS misses by $0.07, misses on revenue

Time:2022-01-02 Source: 1125 views Trending Copy share

Bitfarms (NASDAQ:BITF): Q3 GAAP EPS of $0.13 misses by $0.07.
Revenue of $44.77M (+558.4% Y/Y) misses by $1.83M.
Shares +1.05% AH.
Press Release
Increased gross mining margin to 82%, up from 79% in Q2 2021.
Improved Adjusted EBITDA to $31.9 million and Adjusted EBITDA margin to 71%, up from $23.8 million and 65% in Q2 2021.

By: Pranav Ghumatkar

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