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Soluna Q3 2023 Earnings Report

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$2.30 +0.19 (+9.00%)
(As of 12/20/2024 05:51 PM ET)

Soluna EPS Results

Actual EPS
-$4.40
Consensus EPS
N/A
Beat/Miss
N/A
One Year Ago EPS
N/A

Soluna Revenue Results

Actual Revenue
$5.80 million
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

Soluna Announcement Details

Quarter
Q3 2023
Time
N/A

Conference Call Resources

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Soluna Earnings Headlines

Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
Soluna Holdings Reduces Debt, Focuses on Growth
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About Soluna

Soluna (NASDAQ:SLNH) together with its subsidiaries, engages in the mining of cryptocurrency through data centers. It operates through two segments, Cryptocurrency Mining and Data Center Hosting. The company also operates in the blockchain business. In addition, the company develops and builds modular data centers that use for cryptocurrency mining. Further, it provides data center hosting services, including electrical power and network connectivity to cryptocurrency mining customers. The company was formerly known as Mechanical Technology Inc and as changed to Soluna Holdings, Inc. Soluna Holdings, Inc. was incorporated in 1961 and is headquartered in Albany, New York.

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