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Bitfarms Q3 2023 Earnings Report

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$0.86 +0.05 (+6.16%)
As of 04:00 PM Eastern

Bitfarms EPS Results

Actual EPS
-$0.07
Consensus EPS
-$0.03
Beat/Miss
Missed by -$0.04
One Year Ago EPS
N/A

Bitfarms Revenue Results

Actual Revenue
$34.60 million
Expected Revenue
$37.15 million
Beat/Miss
Missed by -$2.55 million
YoY Revenue Growth
N/A

Bitfarms Announcement Details

Quarter
Q3 2023
Time
N/A

Conference Call Resources

Conference Call Audio

Slide Deck

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Bitfarms Earnings Headlines

Why Elon Musk Is Investigating Fort Knox
With gold prices recently soaring to record highs over $3,000 an ounce, and central banks rushing to accumulate more of the precious metal, the timing couldn't be more critical. If the gold reserves in Fort Knox are found to be less than officially reported, we could see gold prices skyrocket virtually overnight.
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About Bitfarms

Bitfarms (NASDAQ:BITF) engages in the mining of cryptocurrency coins and tokens in Canada, the United States, Paraguay, and Argentina. It owns and operates server farms that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. The company also provides electrician services to commercial and residential customers in Quebec, Canada. It also undertakes hosting of third-party mining hardware. The company was founded in 2017 and is based in Toronto, Canada.

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