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Hut 8 Q1 2023 Earnings Report

Hut 8 logo
C$34.00 -0.21 (-0.61%)
(As of 12/20/2024 05:17 PM ET)

Hut 8 EPS Results

Actual EPS
-C$0.12
Consensus EPS
-C$0.14
Beat/Miss
Beat by +C$0.02
One Year Ago EPS
N/A

Hut 8 Revenue Results

Actual Revenue
$19.02 million
Expected Revenue
$19.80 million
Beat/Miss
Missed by -$780.00 thousand
YoY Revenue Growth
N/A

Hut 8 Announcement Details

Quarter
Q1 2023
Time
N/A

Conference Call Resources

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Hut 8 Earnings Headlines

Hut 8 purchases $100M of Bitcoin, surpasses $1B in Bitcoin reserve
Hut 8 initiated with an Overweight at Piper Sandler
Most People Are Dead Wrong.
Turn on any financial news outlet at any given moment and within minutes you're guaranteed to see headlines about artificial intelligence. Everyone's talking about AI right now. But see, I've been talking about it for years.
Market Whales and Their Recent Bets on HUT Options
Hut 8 (TSE:HUT) Upgraded to "Strong-Buy" at Cantor Fitzgerald
See More Hut 8 Headlines
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About Hut 8

Hut 8 (TSE:HUT) operates as a vertically integrated operator of energy infrastructure and Bitcoin miners in North America. 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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