Overview

* Soluna Q3 2025 revenue rises 37% sequentially, driven by new Dorothy 2 customers

* Gross profit margin increased to 28%, reflecting cost discipline and margin stability

* Company secures $100 mln credit facility from Generate Capital for project expansion

Outlook

* Soluna ( SLNH ) plans to accelerate growth in existing business and expand into AI market

* Soluna ( SLNH ) launching Project Kati 1, a wind-powered data center in Texas

Result Drivers

* DOROTHY 2 CUSTOMERS - Revenue increase driven by new customer deployments at Dorothy 2, contributing significantly to growth

* GROSS PROFIT IMPROVEMENT - Gross profit margin increased to 28% due to cost discipline and one-time electricity credits

* CREDIT FACILITY - $100 mln credit facility from Generate Capital to support project expansion

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 $2.77

Crypto mln

Mining

Revenue

Q3 EPS -$1.14

Q3 Net -$25.79

Income mln

Q3 -$7.78

Operatin mln

g Income

Q3 -$26.45

Pretax mln

Profit

Analyst Coverage

* The one available analyst rating on the shares is "hold"

* The average consensus recommendation for the it services & consulting peer group is "buy."

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)