Stronghold Digital Mining Announces Q4 Financial Results

Wednesday, 6 March 2024, 13:38

In its recent press release, Stronghold Digital Mining reported a Q4 GAAP EPS of -$1.46, falling short by $0.38 compared to expectations. The company's revenue of $21.74M, down 12.1% year-over-year, also missed estimates by $0.48M. Despite Non-GAAP Adjusted EBITDA of $2.3 million during the quarter, the financial performance was below market expectations.
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Stronghold Digital Mining Announces Q4 Financial Results

Stronghold Digital Mining Press Release

In the latest financial report, Stronghold Digital Mining disclosed a Q4 GAAP EPS of -$1.46, missing expectations by $0.38. The company's revenue amounted to $21.74M, a 12.1% YoY decline, falling short by $0.48M.

Furthermore, the Non-GAAP Adjusted EBITDA registered $2.3 million during the quarter.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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