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Bitfarms Q2 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
-$0.07
Consensus EPS
-$0.05
Beat/Miss
Missed by -$0.02
One Year Ago EPS
N/A

Bitfarms Revenue Results

Actual Revenue
$35.48 million
Expected Revenue
$34.05 million
Beat/Miss
Beat by +$1.43 million
YoY Revenue Growth
N/A

Bitfarms Announcement Details

Quarter
Q2 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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Dylan Jovine predicted the 2008 crash over a year before it happened. Folks who listened to him had the chance to walk away with gains as high as 235%, 459%, and 700% - all while the stock market got cut in half. Could he be right again?
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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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