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Hut 8 Q1 2024 Earnings Report

Hut 8 logo
$17.93 -1.60 (-8.19%)
As of 02/21/2025 04:00 PM Eastern

Hut 8 EPS Results

Actual EPS
-$0.17
Consensus EPS
-$0.06
Beat/Miss
Missed by -$0.11
One Year Ago EPS
N/A

Hut 8 Revenue Results

Actual Revenue
$51.74 million
Expected Revenue
$50.60 million
Beat/Miss
Beat by +$1.14 million
YoY Revenue Growth
N/A

Hut 8 Announcement Details

Quarter
Q1 2024
Time
N/A

HUT Upcoming Earnings

Hut 8 will be holding an earnings conference call on Monday, March 3 at 8:30 AM Eastern. Interested parties can register for or listen to the call.

Hut 8 Earnings Headlines

Contrasting MARA (NASDAQ:MARA) & Hut 8 (NASDAQ:HUT)
Hut 8 Corp. (HUT.TO)
$5,000 DOGE check?
Elon Musk's DOGE agenda just took a very surprising turn... Earlier this week, reports emerged that a portion of the savings DOGE makes in Federal cuts could be funneled back to taxpayers. The media was quick to dub it a DOGE Dividend, with claims circulating that we could all receive a $5,000 check in the mail.
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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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