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Hut 8 Q3 2023 Earnings Report

Hut 8 logo
$23.68 -0.12 (-0.50%)
(As of 12/20/2024 05:51 PM ET)

Hut 8 EPS Results

Actual EPS
-$0.45
Consensus EPS
-$0.45
Beat/Miss
Met Expectations
One Year Ago EPS
N/A

Hut 8 Revenue Results

Actual Revenue
$12.66 million
Expected Revenue
$27.78 million
Beat/Miss
Missed by -$15.12 million
YoY Revenue Growth
N/A

Hut 8 Announcement Details

Quarter
Q3 2023
Time
N/A

Conference Call Resources

Conference Call Audio

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Hut 8 Earnings Headlines

Hut 8 (NASDAQ:HUT) Research Coverage Started at Piper Sandler
URGENT: This Altcoin Opportunity Won’t Wait – Act Now
It’s here. This is the moment we’ve been waiting for. The next 3-6 months in crypto will be absolutely life-changing for those who are prepared. Why? Because altcoin prices are about to explode.
Hut 8 (HUT) Receives a Buy from Benchmark Co.
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About Hut 8

Hut 8 (NASDAQ:HUT), together with its subsidiaries, acquires, builds, manages, and operates data centers for digital assets mining, computing, and artificial intelligence in the United States. It operates in four segments: Digital Assets Mining, Managed Services, High Performance Computing Colocation and Cloud, and Other. The company mines Bitcoin. It also offers managed services for energy infrastructure development, such as site design, procurement, and construction management; software automation, process design, personnel hiring, and team training; utilities contracts, hosting operations, and customer management; energy portfolio optimization and strategic initiatives; and finance, accounting, and safety services for digital asset mining site owners, governments, and data center developers. In addition, the company provides colocation, cloud, and connectivity services; hosting services, which include the provision of mining equipment and space, as well as monitors, troubleshoots, repairs, and maintains customer mining equipment; and equipment sales and repair services. Hut 8 Corp. was founded in 2017 and is based in Miami, Florida.

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