CleanSpark Inc (NASDAQ:CLSK) reported first-quarter financial results after the market close on Thursday. Here’s a rundown of the report.
Q1 Earnings: CleanSpark reported first-quarter revenue of $162.3 million, beating analyst estimates of $150.87 million, according to Benzinga Pro. The Bitcoin (CRYPTO: BTC) miner reported earnings of 85 cents per share, beating analyst estimates of 9 cents per share.
Total revenue was up 120% on a year-over-year basis. Adjusted EBITDA came in at $321.6 million, up from $69.1 million in the prior year’s quarter. CleanSpark said it ended the quarter with $929.1 million in …
Full story available on Benzinga.com