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TeraWulf Q3 Loss Narrows, Revenue Increases; Shares Decline
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TeraWulf Q3 Loss Narrows, Revenue Increases; Shares Decline
Nov 12, 2024 7:39 PM

05:17 PM EST, 11/12/2024 (MT Newswires) -- TeraWulf ( WULF ) reported a Q3 loss late Tuesday of $0.06 per diluted share, compared with a loss of $0.09 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.03.

Revenue for the quarter that ended Sept. 30 was $27.1 million, up from $19 million a year earlier.

Analysts surveyed by Capital IQ expected $31.8 million.

Shares of the company were down 4.2% in recent after-hours activity.

Price: 8.17, Change: -0.36, Percent Change: -4.22

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