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Hut 8 Q2 2023 Earnings Report

Hut 8 logo
$11.72 -0.74 (-5.94%)
As of 04:00 PM Eastern

Hut 8 EPS Results

Actual EPS
-$0.06
Consensus EPS
-$0.05
Beat/Miss
Missed by -$0.01
One Year Ago EPS
-$0.12

Hut 8 Revenue Results

Actual Revenue
$14.28 million
Expected Revenue
$15.98 million
Beat/Miss
Missed by -$1.70 million
YoY Revenue Growth
N/A

Hut 8 Announcement Details

Quarter
Q2 2023
Time
Before Market Opens

Conference Call Resources

Conference Call Audio

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Hut 8 Earnings Headlines

Hut 8: Paper Gains Mask A Brutal 2024
Trump’s Treasure Map [Pic inside]
We were shown this map by former Presidential Advisor, Jim Rickards, one of the most politically connected men in America. Rickards has spent his fifty-year career in the innermost circles of the U.S. government and banking. And he believes Trump could soon release this frozen asset to the public.
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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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