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Bitfarms Q1 2023 Earnings Report

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$1.32 -0.07 (-5.04%)
As of 02/21/2025 04:00 PM Eastern

Bitfarms EPS Results

Actual EPS
-$0.01
Consensus EPS
-$0.03
Beat/Miss
Beat by +$0.02
One Year Ago EPS
N/A

Bitfarms Revenue Results

Actual Revenue
$30.05 million
Expected Revenue
$29.60 million
Beat/Miss
Beat by +$450.00 thousand
YoY Revenue Growth
N/A

Bitfarms Announcement Details

Quarter
Q1 2023
Time
N/A

Conference Call Resources

Conference Call Audio

Slide Deck

Bitfarms Earnings Headlines

B. Riley Predicts Bitfarms' FY2024 Earnings (NASDAQ:BITF)
Analysts Set Bitfarms Ltd. (NASDAQ:BITF) PT at $4.05
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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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