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Core Scientific Q2 Net Loss Widens, Revenue Rises
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Core Scientific Q2 Net Loss Widens, Revenue Rises
Aug 7, 2024 2:55 PM

05:33 PM EDT, 08/07/2024 (MT Newswires) -- Core Scientific ( CORZ ) reported Q2 net loss late Wednesday of $4.51 per diluted share, widening from a loss of $0.02 a year earlier.

Revenue for the quarter ended June 30 was $141.1 million, up from $126.9 million a year earlier. Analysts surveyed by Capital IQ expected $126.4 million.

Shares of the company fell over 3% in after-hours activity.

Price: 9.50, Change: -0.32, Percent Change: -3.26

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