HIVE Digital Technologies: Fiscal Q3 Earnings Snapshot
SAN ANTONIO (AP) — SAN ANTONIO (AP) — HIVE Digital Technologies Ltd. (HIVE) on Monday reported a loss of $90.6 million in its fiscal third quarter.
On a per-share basis, the San Antonio-based company said it had a loss of 38 cents. Losses, adjusted for non-recurring costs, were 18 cents per share.
The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 7 cents per share.
The crypto currency mining company posted revenue of $93.1 million in the period, also falling short of Street forecasts. Four analysts surveyed by Zacks expected $98.7 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HIVE at https://www.zacks.com/ap/HIVE