DMG Blockchain Solutions GAAP EPS at -C$0.02, Revenue Hits C$8.3M

Tuesday, 27 August 2024, 04:41

DMG Blockchain Solutions reports a GAAP EPS of -C$0.02 with a revenue increase to C$8.3M. Despite challenges, the company's performance shows resilience.
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DMG Blockchain Solutions GAAP EPS at -C$0.02, Revenue Hits C$8.3M

DMG Blockchain Solutions Reports Q3 Results

DMG Blockchain Solutions (DMGGF) announced its financial results for the third quarter, revealing a GAAP EPS of -C$0.02 and a notable revenue of C$8.3M, reflecting a 10.7% year-over-year increase.

Bitcoin Mining Performance

During this quarter, the company mined 87 bitcoins, a decrease from 152 bitcoins in the previous quarter, indicating operational adjustments amidst shifting cryptocurrency markets.

Key Takeaways

  • GAAP EPS: -C$0.02
  • Revenue: C$8.3M, +10.7% Y/Y
  • Bitcoin Mined: 87, down from 152

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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