Free Trial

Hut 8 Q1 2024 Earnings Report

Hut 8 logo
$11.72 -0.74 (-5.94%)
As of 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
Remove Ads

Hut 8 Earnings Headlines

Hut 8: Paper Gains Mask A Brutal 2024
New “Trump” currency proposed in DC
A former U.S. Presidential Advisor has come forward with a stern warning to investors: “Get out of tech, now!” Jim Rickards is one of the most connected men in Washington.
See More Hut 8 Headlines
Get Earnings Announcements in your inbox

Want to stay updated on the latest earnings announcements and upcoming reports for companies like Hut 8? Sign up for Earnings360's daily newsletter to receive timely earnings updates on Hut 8 and other key companies, straight to your email.

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.

View Hut 8 Profile

More Earnings Resources from MarketBeat