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Cipher Mining Swings to Q2 Adjusted Loss, Revenue Rises
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Cipher Mining Swings to Q2 Adjusted Loss, Revenue Rises
Aug 13, 2024 5:02 AM

07:44 AM EDT, 08/13/2024 (MT Newswires) -- Cipher Mining ( CIFR ) reported a Q2 adjusted loss Tuesday of $0.01 per share, swinging from earnings of $0.03 per share a year earlier.

Three analysts polled by Capital IQ expected earnings of $0.06.

Revenue from bitcoin mining for the quarter ended June 30 was $36.8 million, up from $31.2 million a year earlier.

Analysts surveyed by Capital IQ expected $38.3 million.

Price: 4.0000, Change: +0.07, Percent Change: +1.78

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